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2. Is it safe to link bank accounts?

   www.aol.com/finance/safe-bank-accounts-163910379...

   You may have encountered an option to link multiple bank accounts while online banking or to link an account to a third-party finance app. Linking bank accounts is a way to make it easier to ...

3. Correspondent account - Wikipedia

   en.wikipedia.org/wiki/Correspondent_account

   A correspondent account is an account (often called a nostro or vostro account) established by a banking institution to receive deposits from, make payments on behalf of, or handle other financial transactions for another financial institution. Correspondent accounts are established through bilateral agreements between the two banks.

4. Account aggregation - Wikipedia

   en.wikipedia.org/wiki/Account_aggregation

   The ideas around account aggregation first emerged in the mid 1990s when banks started releasing Internet banking applications.. In the late 1990s services helped users to manage their money on the Internet (typical desktop alternatives include Microsoft Money, Intuit Quicken etc.) in an easy-to-use manner wherein they got functionalities like single password, one-click access to current ...

5. Deposit account - Wikipedia

   en.wikipedia.org/wiki/Deposit_account

   For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...

6. How to switch to a new bank or credit union - AOL

   www.aol.com/finance/switch-bank-credit-union...

   However, if your old bank account was overdrawn and sent to collections, it could affect your credit. Furthermore, if you’re applying for a new credit card with your new bank, the application ...

7. Core banking - Wikipedia

   en.wikipedia.org/wiki/Core_banking

   UML class diagram depicting a bank account. Advancements in Internet and information technology reduced manual work in banks and increased efficiency. Computer software is developed to perform core operations of banking like recording of transactions, passbook maintenance, interest calculations on loans and deposits, customer records, the balance of payments, and withdrawal.