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its a type of bank account where the name of the account holder is kept secret.
It means holder. Like account holder, passport holder and others.
It is the name of the account holder
Name of account holder refers to the name of the person who owns the account. This can be for bank accounts, credit accounts, loans or utility services.
Account holder deceased
The phrase means that the maker is directing the holder (usually a bank) of an account to pay a sum of money to the person designated.
It means that you are saving some money in your own bank account.
When the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder. The beneficiary of the cheque will have not been paid. This normally incurs a fee from the bank.
The person can send the payment to the company with the payment notice. Be sure the account number is on the check, money order, whatever. The credit card co. doesn't care who pays, just as long as they get the money. This does not mean the person will be responsible for the account. The best option is for the person to pay the account holder and they pay by the regular process.
A beneficiary is the person to whom the proceeds of a bank account would be paid if the primary account holder of that bank account dies. They can also be termed the nominee for a bank account. This is very important for cases wherein the account holder does not have a legal will stating to whom his account proceeds should go. In such cases the bank would choose the nominee or beneficiary and pay them the account proceeds.
A relationship bank account does not use money...
The number is blocked by the one owning and paying for the phone account. Your parents maybe?