Personal account explained

A personal account is a bank account for use by an individual for that person's own needs. It is a relative term to differentiate them from those accounts for business or corporate use.^[1]

Notes and References

1. Web site: Mondry. Myranda. September 8, 2020. Personal banking vs. business banking: Do you need separate bank accounts?. May 11, 2021. QuickBooks. en-US.