Personal checking account definition
Personal checking account means any demand or similar deposit account that is opened or established in the name of one (1) or more natural persons with a federal or state financial institution subsequent to July 15, 1986, and from which signatories on the account can withdraw or order the payment of funds by using a check.
Examples of Personal checking account in a sentence
The Licensee's account is unlocked upon receipt of funds to the Licensee's Personal checking account.
The Licensee's personal checking account on the Site (Personal checking account) - a system for accounting for funds on the Site for settlement transactions of the Parties, available in the Personal Account.