Alternate Account definition

Alternate Account means an account governed by, and held at a financial institution party to, an Alternate Account Control Agreement.

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Examples of Alternate Account in a sentence

• The Alternate Account Access feature allows you to link and display certain credit union accounts under one account.

• Deposits in each Concentration Account, Collection Account, Alternate Account or Sales Proceeds Account may be held in cash or Cash Equivalents.

• The Alternate Account Access feature allows you to link and display certain First Heritage FCU accounts under one account.

• The Ordinary Meeting will also designate, on an annual basis, two Regular and two Alternate Account Inspectors with the authority established in Article 51 of Law N°18.046.