funnel account

noun

A bank account that receives multiple small cash deposits in one geographic area and quickly withdraws or transfers them in a different area; criminals may use these accounts to hide illegal money, avoid reporting limits, or move funds across regions.

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Meanings

nounfunnel account (plural funnel accounts)

plural funnel accounts

  1. A bank account that receives multiple small cash deposits in one geographic area and quickly withdraws or transfers them in a different area; criminals may use these accounts to hide illegal money, avoid reporting limits, or move funds across regions.
Cite this entry
APA

funnel account. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/funnel%20account

MLA

“funnel account.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/funnel%20account. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “funnel account,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/funnel%20account.

Source: funnel account on Wiktionary, CC BY-SA 4.0.