numbered account

Frequency: 6.85.2 per million words

An account identified by a number, often for privacy.

numberedADJECTIVE + NOUN

Categories:

account

Examples (10)

  • Many wealthy individuals prefer a numbered account for discreet transactions.
  • Opening a numbered account can offer a higher degree of financial privacy.
  • The bank offered a special numbered account service to its elite clients.
  • International regulations have made it harder to maintain a truly anonymous numbered account.
  • He inherited a large sum of money stored in a numbered account overseas.
  • For security reasons, some businesses operate with a numbered account.
  • The financial advisor recommended setting up a numbered account.
  • Critics argue that numbered accounts facilitate illicit financial activities.
  • Switzerland is historically known for its banking secrecy, often involving numbered accounts.
  • Before the new laws, it was easier to open a numbered account without extensive identification.