Pertaining to or concerning a financial or administrative record, typically encompassing transactions, balances, and other financial details associated with a specific entity, individual, or organization. This includes information pertaining to opening, managing, and closing an account. Actions and events are considered "account-related" when they directly affect the status, activity, or information contained within an established account. This term is extensively used in banking, finance, and business contexts to categorize aspects of customer service, billing, and record-keeping.
Account-related meaning with examples
- The bank's website offers secure online access to view account-related transactions, allowing customers to monitor their spending and deposits easily. Customers can review their statements or apply for new services. This accessibility significantly improved customer experience.
- Following the recent data breach, all account-related passwords were reset for enhanced security. Customers needed to create new, strong passwords to access their profiles and ensure the safety of their financial details.
- When opening a new credit card account, the application process requires several account-related details, including personal information, income verification, and employment history to ascertain eligibility and credit worthiness.
- The fraud investigation team specializes in analyzing account-related anomalies, such as suspicious transactions or unusual activity, to detect and prevent fraudulent activities and protect customer assets.