private banking account definition
private banking account. ’ means an ac- count (or any combination of accounts) that—
private banking account means an account (or any combination of accounts) that—
private banking account means an account (or any combination of accounts) that: (i) requires a minimum aggregate deposit of funds or other assets of not less than $1,000,000; (ii) is established on behalf of one (1) or more individuals who have a direct or beneficial ownership interest in the account; and (iii) is assigned to, or is administered or managed by, in whole or in part, an officer, employee, or agent of a financial institution acting as a liaison between the financial institution and the direct or beneficial owner of the account.
More Definitions of private banking account
private banking account means any account held by a private banking customer. This includes an account held:
private banking account means an account (or any combination of accounts) that: (i) requires a minimum aggregate deposit of funds or other assets of not less than $1,000,000; (ii) is established on behalf of one (1) or more individuals who have a direct or beneficial ownership interest in the account; and (iii) is assigned to, or is administered or managed by, in whole or in
private banking account means an account held in the name of a private banking customer;