account number


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Account Number

A unique number of several (often eight or nine) digits used to identify the account at a bank or brokerage. Account numbers are meant to be complicated to eliminate the possibility that two persons will have the same number or that an identity thief will correctly guess a number.

account number

A unique code assigned to each investor's account at a brokerage firm.
References in periodicals archive ?
55, Jalan Raja Chulan, Bukit Ceylon in the Federal Territory of Kuala Lumpur, did engage in money laundering, to wit, by receiving proceeds of unlawful activity totalling RM188,001,963.02 from account number 8550299001 belonging to Tanore Finance Corporation in Falcon Private Bank, Singapore, into AmIslamic Bank Berhad account number 2112022009694 belonging to you, thereby you have committed an offence under paragraph 4(1)(a)of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 [Act 613], punishable under subsection 4(1) of the same Act.
gave the instructions to deposit a sum of RM1,20,000 into account number 22 ...
Almost all credit unions and banks use the common "MICR" format for the checking account number. The MICR is usually made up of 14 digits with the first digit denoting the account type, and the next 12 are the account numbers.
Though most of the promotion of IMPS services by banks project the MMID-based transfer, because of its unique ability to transfer money without having to know the account number of the payee, it is possible to transfer money using IMPS using account number and IFSC code too, using web, mobile banking, SMS or ATM channels.
The study will look at the extent to which being able to keep your account number with another bank would encourage competition in banking, as well as what the likely cost would involve.
Customers can easily get International Bank Account Number from their respective banks in Qatar.
The Employees' Provident Fund Organisation (EPFO) plans to provide a universal account number to its subscribers from October.
They had been sent SMS messages on 10 July 2013 and onwards inviting them to enter their bank account numbers in the Ministry's website.
Some in the financial sector might say that account number portability is too hard.
Businesses which currently use IBAN-format account numbers have reduced error rates (4.6%) in comparison with those using domestic account numbers (12.7%), although these error rates are still problematic.
The panel looking into uniform routing code and account number structure of banks was set up with the objective of having a system where funds can be remitted to an individual based on one number.
IBAN stands for International Bank Account Number and according to online currency website xe.com, they, "are a way to convey, with a single number, all the information required to identify a specific bank account." It also points out that the length and structure of IBAN numbers varies from country to country.