---
title: "Accounts terms in the payments glossary"
description: "Account structures for holding business funds: demand deposit accounts, virtual and FBO accounts, and how pooled and per-customer structures differ."
canonical: "https://infinite.net/learn/glossary/category/accounts"
---

# Accounts terms in the payments glossary

Account structures for holding business funds: demand deposit accounts, virtual and FBO accounts, and how pooled and per-customer structures differ.

- [Demand deposit account](https://infinite.net/learn/glossary/demand-deposit-account.md): A bank account whose funds can be withdrawn on demand — the standard operating account for businesses in the US.
- [Virtual account](https://infinite.net/learn/glossary/virtual-account.md): A sub-account reference layered on one real bank account, used to segregate and reconcile funds without opening separate accounts.
- [Virtual accounts vs real accounts](https://infinite.net/learn/glossary/virtual-accounts-vs-real-accounts.md): A virtual account is a reference over one pooled bank account; a real account is individually titled at the bank. The difference is whose money the bank sees.
- [FBO account](https://infinite.net/learn/glossary/fbo-account.md): A custodial bank account titled "for the benefit of" a company’s customers — one pooled account holding funds the platform manages on their behalf.
- [Pooled account](https://infinite.net/learn/glossary/pooled-account.md): A single bank account holding funds belonging to many customers, tracked in the holder’s own sub-ledger rather than at the bank.
- [Wallet account](https://infinite.net/learn/glossary/wallet-account.md): An account that holds stablecoin balances alongside fiat — custody handled by the provider, so businesses move digital dollars without managing keys.

## More of the glossary

- [Assets terms in the payments glossary](https://infinite.net/learn/glossary/category/assets.md): The instruments that move on stablecoin rails: what stablecoins are, how they are minted, redeemed, and backed, and how reserves are verified.
- [Compliance terms in the payments glossary](https://infinite.net/learn/glossary/category/compliance.md): The controls behind compliant payments: KYB and KYC, sanctions screening, transaction monitoring, and the BSA framework US institutions operate under.
- [Payment rails terms in the payments glossary](https://infinite.net/learn/glossary/category/payment-rails.md): The networks that settle business payments (SWIFT, ACH, Fedwire, RTP, and stablecoin rails) and how their speed, hours, and finality compare.
- [Banking terms in the payments glossary](https://infinite.net/learn/glossary/category/banking.md): How banks hold and move money behind the scenes: correspondent banking, routing numbers, and how deposit insurance passes through to customers.
- [Agentic payments terms in the payments glossary](https://infinite.net/learn/glossary/category/agentic-payments.md): How AI agents move money: spending limits, human-in-the-loop approvals, agent compliance, and the authorization layer behind agent-initiated payments.
- [Payments glossary | Direct answers to every term](https://infinite.net/learn/glossary.md): Every term in the payments glossary, grouped by category (stablecoins, accounts, compliance, payment rails, banking, and FX), each with a direct answer up top.