Account Inquiry

DEFINITION of 'Account Inquiry'

Any inquiry into an account, whether it be a depositary account or credit account. The inquiry can refer to past records, payments or other specific transactions, or any other entries relating to the account.

BREAKING DOWN 'Account Inquiry'

Most financial institutions have a formal department that deals with account inquiries. Sometimes the term is used when there is a request to or from a credit agency about a particular consumer.

RELATED TERMS
  1. Credit Inquiry

    A transaction whereby a bank or other credit-issuing institution ...
  2. Hard Inquiry

    A type of credit report check that may lower an individual's ...
  3. Soft Inquiry

    A credit report check that does not affect an individual's credit ...
  4. Appreciative Inquiry

    Definition of appreciative inquiry
  5. Account Activity

    A banking term that refers to any activity that creates a debit ...
  6. Account History

    All activity within an account, usually since inception. In a ...
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RELATED FAQS
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