The phrase "administer account" is correct and usable in written English.
It can be used in contexts related to managing or overseeing an account, such as in finance, technology, or administrative tasks.
Example: "As the IT manager, I am responsible for how we administer accounts for all our users."
Alternatives: "manage account" or "oversee account".
But today, most of the nation's brokerage houses use clearing firms to carry out their customers' transactions and administer accounts.
Shortly after the Sony hack hit, they announced Confide for Business, a premium version that will include things like address book integration and distribution lists, as well as better ways for an IT department to manage or administer accounts.
In an administered account, the countries contributing would take the losses in the case of default.
The company, which administers accounts like I.R.A.'s and 401 k)'s, had just mailed out quarterly statements.
Services for managing, securing and administering accounts and access for the Accounting and Reporting at Columbia (ARC Financee program.
Services for managing, securing, and administering accounts and access for Columbia's Human Resources program, People @ Columbia (PAC).
It also alleges that the bank administers accounts for other individuals and organizations involved in terrorism, including Hamas.
Orange's Office Freedom service connects directly to your Exchange or Domino servers by VPN or SSL and your IT team administers accounts on the service.
Though the company doesn't make the investment decisions, it charges a fee for administering accounts that are controlled by either financial planners or the customers themselves.
Under the sanctions imposed after the gulf war, Iraq is allowed to sell a certain amount of oil, with the money going into United Nations-administered accounts that can be used for buying vital supplies like food and medicine.
