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I think you will find that the minimum deposit needed varies between the different banks and the country you live in.
Maybe someone else can verify this.
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∙ 11y ago
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What is The Minimum Opening Deposit For Business Accounts?
You are able to open the majority of business accounts having a minimum opening deposit of just about $50.
What online savings accounts offer the best rates?
Some of the best online savings accounts with the highest APY rate are Ally Bank, they offer 1% with no minimum deposit required to open your account. Next is American Express, they also require no minimum deposit, have no fees, and grant 1% APY.
How much money do you need to open a Scott trade account?
As of March 2010, the minimum initial deposit for Scott Trade is $500, this is much less than many other companies require and is the same for all of their accounts
How much does it cost to open a checking account with Bank of America?
You can open a checking account with a minimum deposit of $100. Stop in a branch to speak to a customer service rep, or check out the online banking site for details of the various types of checking accounts.
Are Chase Checking accounts free to open?
Chase Banks offer two types of checking accounts. They offer a free checking account with no minimum balance with direct deposit and an interest checking account with a $5000 minimum balance and direct deposit.
What is the average minimum deposit for money markets?
A minimum deposit is required to open a money market account; $1,000 is typical.
What is the minimum balance for a stock trading account at E-Trade?
Commission-free trade offer applies to new Power E*TRADE accounts opened with $1,000 minimum deposit. But you can open an account with fees for less.
What types of accounts are offered at Bangkok Bank?
There are many types of account which you can open via the Bangkok Bank. Some are Savings accounts, Current accounts, Deposit account and Fixed Deposit account.
What is the minimum deposit in a fixed deposit?
It depends on the type of account you want to open. Most Nationalized banks in India allow you to open an account with a minimum deposit of Rs. 500/- or Rs. 1000/- (depending on whether the branch is a rural or city branch). Private banks on the other hand require a higher minimum deposit - usually Rs. 5000/- or more. But, they also have special accounts which offer 0 balance facilities but they come with a condition - like if you have a salary account. You need to check with your bank to find out the exact amount
What is the minimum deposit to open a savings account with SunTrust?
The minimum deposit required in order to open a savings account with Sun Trust in one hundred dollars and with this you can start your own savings account with Sun Trust.
What is required to open a high yield savings account with a bank?
Banks may require a deposit of $1 to $100 to start a high yield savings account. At this time many banks are offering high yield savings accounts with fees and no minimum balance after the deposit.
How much amount to open saving account on sbi?
The minimum amount required depends on the facilities you want. If you want an ATM card and a cheque book on your account, the bank will ask you for Rs. 1000/- or more as minimum deposit. If you don't want these features then the bank should accept only Rs. 500/- as the minimum deposit.
