Consumer Account

An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.

Related Terms

  • DNE (Death Notification Entry)

    A notice made only by the federal government to notify the receiving depository financial institution (RDFI) of the death of a receiver.

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  • Remote Deposit

    Remote deposit (or remote deposit capture) is the process of converting paper or mailed-in checks to an electronic file for processing.

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