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Blog2026-02-12 • 9 min

Bank Account Rationalization: Reduce Accounts Without Losing Control

A step-by-step approach to consolidating bank accounts while improving signers, entitlements, and auditability.

By Editorial Team Topics: Banking, Controls

Why rationalize accounts

Too many accounts create blind spots: more signers, more entitlements, more reconciliations, and more chances for outdated access.

Step-by-step approach

  1. Inventory all accounts, purposes, and volumes.
  2. Classify as core, legacy, restricted, or project-specific.
  3. Consolidate where controls and reporting improve (not just to reduce count).
  4. Update access: remove stale users, confirm approvers, and set limits.
  5. Close accounts with documented approvals and final reconciliation.

Controls to strengthen during consolidation

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