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What is an operational account?
What is an operational account?
M
Written by Marketing Team
Updated over 7 months ago

An operational account is a basic transactional account and you can open multiple to best serve your use case. Operational accounts can be used to:

  • hold your company’s day-to-day operating funds

  • receive funds from a bulk transfer before disbursing to other accounts

  • pool interest earned from multiple accounts

  • pay Griffin fees

  • fund additional payments to a customer’s account (e.g. an interest rate top-up)

Learn more about operational accounts.

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