Glossary
Third-party funding
Third-party funding is a deposit into a customer's account from a card, bank account or wallet that belongs to someone else. Many firms prohibit it or allow it only for documented relationships, such as a spouse.
Why it matters for brokers and payment firms
It breaks the link between the customer and the source of funds. Payer-name mismatches, one card funding several clients, and withdrawals to a different account than the funding one are the checks.