Account Title
Account title is the official name on a bank account. It identifies the account holder(s) for deposits, transfers, and legal ownership.
The account title should match the account holder's legal name or registered business name. Mismatches can delay deposits or cause transfer rejections, especially for beneficiary name checks.
Related Terms
Account Number
An account number is a unique identifier assigned by a bank to each account holder. It's used in con...
Bank Statement
A bank statement is a document issued by a financial institution that summarizes all transactions in...
Joint Account
A joint account is a bank account owned by two or more people, often a shared checking account or sa...
Beneficiary
A beneficiary is a person or entity designated to receive funds, property, or other benefits from a ...
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