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numbered account

Line breaks: num¦bered ac|count

Definition of numbered account in English:

noun

A bank account, especially in a Swiss bank, identified only by a number and not bearing the owner’s name.
Example sentences
  • There are no exchange controls; numbered accounts are used and although money laundering legislation is designed to stop criminal activity, tax evasion is not a crime in Andorra.
  • Often, the name associated with a numbered account was a mere formality: ‘Banks didn't ask for ID,’ Staley says.
  • But I'm happy with our one joint account - and the Swiss numbered account that I must tell her about some day.

Definition of numbered account in:

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