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ï‚ž Founded in 2003, Global Client Solutions is a Tulsa, Oklahoma-
based provider of consumer financial services and products.
These products and services include general debt management
and a bank account type known as a Dedicated Account or a
Special Purpose Account (SPA).
A Dedicated Account is a unique type of savings account used
by businesses like Global Client Solutions. A consumer
contributes funds to the savings accounts, from which creditors
can be paid. A transaction processor can help the consumer
determine a payment plan and set up automatic payments from
the SPA or allow the consumer to pay manually. This type of
account and payment arrangement can prove easier for the
client due to its streamlined nature.
ï‚ž At all times, clients retain control of their funds,
able to withdraw or deposit money as they see
fit.
It is worth noting the SPAs do appear in other
banking sectors as well, though for different
purposes. For example, some banking
institutions provide SPAs for special projects or
other purposes, allowing users to set money
aside from their normal accounts for home
renovations or a vacation.
ï‚ž

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What is a Dedicated Account?

  • 1.
  • 2. ï‚ž Founded in 2003, Global Client Solutions is a Tulsa, Oklahoma- based provider of consumer financial services and products. These products and services include general debt management and a bank account type known as a Dedicated Account or a Special Purpose Account (SPA). A Dedicated Account is a unique type of savings account used by businesses like Global Client Solutions. A consumer contributes funds to the savings accounts, from which creditors can be paid. A transaction processor can help the consumer determine a payment plan and set up automatic payments from the SPA or allow the consumer to pay manually. This type of account and payment arrangement can prove easier for the client due to its streamlined nature.
  • 3. ï‚ž At all times, clients retain control of their funds, able to withdraw or deposit money as they see fit. It is worth noting the SPAs do appear in other banking sectors as well, though for different purposes. For example, some banking institutions provide SPAs for special projects or other purposes, allowing users to set money aside from their normal accounts for home renovations or a vacation. ï‚ž