Folio Number

A folio number is a unique identifier assigned to a financial account. It is typically used to track transactions and to identify the account holder. Folio numbers are often used in the banking, investment, and insurance industries.

In the banking industry, a folio number is typically assigned to a checking or savings account. The folio number can be used to identify the account holder, to track transactions, and to reconcile account balances.

In the investment industry, a folio number is typically assigned to an investment account. The folio number can be used to identify the account holder, to track investments, and to reconcile account balances.

In the insurance industry, a folio number is typically assigned to an insurance policy. The folio number can be used to identify the policy holder, to track policy changes, and to reconcile policy premiums.

Folio numbers are important because they help to keep track of financial accounts. They can be used to identify account holders, to track transactions, and to reconcile account balances.