Types of Accounts

There are two types of Accounts:

  • User Account
  • Institution Account

User Account

  1. Single entity account. e.g. A single person, A firm or a small company.
  2. Access only to his own a/c and data.
  3. Has different set of privileges than an ’Institutional Account’.

Institution Account

  1. Suited to banks or larger institutions.
  2. Access to his customers’ a/c and data.
  3. Has different set of privileges than a ’User Account’.