Numbered Account definition
Numbered Account means account where the names of the customer and beneficial owner are known to the bank but are substituted by an account number or code name in subsequent documentation.
Numbered Account means a bank account where the name of the account holder is kept secret, and the account holder is identified by means of a code word known only by the account holder and a restricted number of bank employees;
Numbered Account means: an account opened by a customer in a commercial bank or financial institution but does not reveal the name of the account holder or the account owner and uses a numerical or alphabetical code instead, so that the account holder or account owner is not revealed so that deposits-withdrawals or other transactions can be made as normal;