The phrase "administer accounts" is correct and usable in written English.
It can be used in contexts related to managing or overseeing financial accounts, user accounts, or similar responsibilities.
Example: "As the new finance manager, my primary responsibility will be to administer accounts and ensure all transactions are accurately recorded."
Alternatives: "manage accounts" or "oversee accounts".
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.
With Jaduka's Web Services APIs, applications can trigger individual or group calls; provide automated alerts; manage surveys; activate digital content; and administer account and transaction information for a variety of solutions.
The company, which administers accounts like I.R.A.'s and 401 k)'s, had just mailed out quarterly statements.
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.
In an administered account, the countries contributing would take the losses in the case of default.
Banks that administer the accounts probably wouldn't like that approach very much.
The Student Loans Company would continue to administer all accounts and purchasers would only be allowed to use data about borrowers for the specific purpose of managing the loans.
