What is account name for bank?

An account name for a bank generally refers to the name under which an individual or company holds their bank account. This name can be the individual's or company's legal name or a name that has been assigned specifically for the account. The account name is important as it is used by the bank to identify the account holder and ensure that the correct account is being accessed or referenced. It is important to ensure that the account name matches the name on any legal documents, such as tax returns or contracts, to avoid any confusion or potential legal issues.