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They may specify who may open an account, for example, how the signatories can identify themselves, deposit, withdrawal limits among other specifications. The minimum age for opening a bank account is most commonly 18 years of age.
OpenID is a way to use a single set of user credentials to access multiple sites, while OAuth facilitates the authorization of one site to access and use information related to the user's account on another site. Although OAuth is not an authentication protocol, it can be used as part of one.
The terms nostro and vostro are used, mainly by banks, when one bank keeps money at another bank (in a correspondent account often called a nostro or vostro account). Both banks need to keep records of how much money is being kept by one bank on behalf of the other.
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In macroeconomics and international finance, the capital account, also known as the capital and financial account, records the net flow of investment into an economy. It is one of the two primary components of the balance of payments, the other being the current account.
A Microsoft account or MSA (previously known as Microsoft Passport,.NET Passport, and Windows Live ID) is a single sign-on personal user account for Microsoft customers to log in to consumer Microsoft services (like Outlook.com), devices running on one of Microsoft's current operating systems (e.g. Microsoft Windows computers and tablets, Xbox ...