Account Inquiry

Account Inquiry

A request by an outside party to access the records of an account. For example, a credit agency may make an account inquiry to a credit card company to determine whether an account holder pays his/her bills on time and in full. Account inquiries are important in the risk analysis of individuals; however, too many account inquiries can lower one's FICO score.
References in periodicals archive ?
The solution also offers document sharing with advisors and clients and comprehensive client search and reporting, account inquiry and book of business analysis, all on a global multi-language and multi-currency platform.
It has offered a portfolio of financial services including account inquiry, transfer and remittance, investment and wealth management, bill payment, credit card service and manual consultation by leveraging advanced and intelligent interactive voice response (IVR) and intensive 95588 CSRs.
The bank's customers can access online banking anytime, anywhere, by using their Internet Banking user ID and Password with this new mobile application, availing services including Account Inquiry, Account Transfers, Utility Bill Payment, Credit Card Services and much more.
With this new mobile application, customers can access services including account inquiry, account transfers, utility bill payment, credit card services and more.
8220;M1 Advanced Financial Reporting has numerous benefits; it combines reporting, account inquiry, and journal inquiry into one application as well as eliminates the need to download or re-key/export spreadsheet data,” says Daniel Noonan, Managing Director of ECi M1.
Prior to our relationship with uMonitor, a prospective new account was required to complete an online account inquiry at their institution s website, often not receiving a response or activation until the following day, said Jack Fullen, CEO of Beacon Software.
The new implementation would help the bank provide services such as account inquiry, funds transfers, bill payment, chequebook request and stop payment orders.
Examples of key business processes automated for the credit card servicing industry include: application process, credit history validation, card issuance, balance transfers, dispute processing, credit resolution, adjustments, lost and stolen card and account inquiry and case processing.
Activity Cost Pool Activity Cost Driver Paying checks Number of checks processed Providing teller services Number of teller transactions Responding to customer Number of account inquiry calls account inquiries to customer service call center
QAS provides faster arbitration to reduce connect/disconnect time on SCSI bus and contributes to higher performance levels in random I/O environments such as database, account inquiry, and transaction processing.
When the phone rang at Ann Shaw's office desk she thought it would be another account inquiry to deal with.
New in version 10 is an account inquiry drill-down feature that will let you view the source journal and transaction accounts used to create activity Less costly programs such as QuickBooks and Peachtree have very powerful drill-down functions.