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yes, To open a Cash management account (CMA) min $20,000 cash securities or combination of both.
or
you can sign up on www.mldirect.ml.com and open a cma account there for $2000
I would highly recommend that you choose a discount trader unless you would like someone to manage your money or if you feel like you know what your doing mldirect would be the way to go for you.
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What are factors effecting office layout?
Factors that affect office layout include the size of the company, the size of the office and resources. The personality and interests of people in a particular office can also be taken into account.
How do you open sbi tiny branch please tell me?
Smart Business idea !Become a Mini-Branch of State Bank of India, the country?s largest Bank.What Services will SBI banking provide?The SBI banking will provide the following services:Deposit of CashWithdrawal of CashMoney transfer to another SBI/BC account holder in other locationsLoan disbursementCurrent limit of Rs 10,000 per day per bank account holderHow much space is required and other hardware/software?Size of Outlet: Minimum 200 sq feet and must have a counter. There must be adequate room to attend to 5-6 customers at a time.This is essential to provide efficient and courteous service to the customers and at the same time attend to your regular business.System configuration: PC with a minimum configuration of 20 GB hard disk. internet connectivity.An Intel base chip of or superior provider.A web cam.A standard printer/scanner.Advantages to the customers :A 'No Frill SBI Accounts' through K Banking ModelHome Loans/ Loan Against PropertyAuto Loans/Gold Loans/Small & Medium Enterprise (SME) LoansGeneral purpose Credit Card (GCC)/Kisan Credit Card (KCC)Current Account/Term Deposit/Recurring DepositRegular SBI Saving Bank AccountMutual fund on a Referral basisLoans against Term Deposit Receipt (TDR)/ National Saving Certificate (NSC)/Kisan Vikas Patra (KVP)What type of account will be operated by the Customers?This is called a no-frills account where there is no minimum balance or charges levied.Maximum balance can be Rs 50000. (Balances above this can be held, but then account is converted to a regular bank account and the terms of the bank and documentations will apply to these accounts).Minimum Balance -Zero Balance.Maximum limit of transactions is Rs10,000 per day.No Cheque book is issuedOnly Cash Transactions can be made & only in person by the account holder.There is no signature required and only electronic thumb impression is used to access/use the account.Also gives a FREE Personal Accident Insurance Policy of Rs. 10,000* for every account holder. * T&C apply.Customer also benefits from Long banking hours: As long as the shop is open What is Retailer's income from Mini Branch Banking ?Earn on opening New Account, every Cash Deposit/ Cash Withdrawal/ Loans and Money TransferWhat does the Retailer get ?Biometric Reader and Software for electronic thumb impressionSBI Bank Account ID and PasswordSoftware for access to SBI networkGlow sign board with SBI logo and your nameSpecial incentivesAdvantages to RetailersNew Revenue Stream from Mini-BankingMoney TransferEven, the existing SBI customers can be your customerSignificant benefits from Co. on other servicesIncreased customer footfallsFor further details , please contact on 8286205300.
How a does a debit card work?
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