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What are the main advantages to opening an account with Discover banks?
Wiki User
∙ 12y ago
Discover Banks have online savings, Money Market, CD, and IRA CD acounts with low interest rates. Their twelve month CDs beat their competitors rates.
Wiki User
∙ 12y ago
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What is the need for using account opening form in banks?
In the account opening form, all particulars of the account holders are incorporated including photo,specimen signatures which are vital for banking operations and future records.
What will cause banks not to accept your application to open an account?
The only problem you are likely to encounter in opening a bank account would be a lack of sufficient identification.
Can you open a savings account for your child?
Yes, many banks offer the facility of opening a savings account for children. It is the best way to secure his future.
Will it cost you to open a bank account?
Most banks don't charge you for opening a normal bank account. However they would expect you to deposit a certain amount of money as initial deposit towards your account that is being opened. If you want to open an NRI account or a private banking account (like what some banks offer their wealthy clients) you may have to incur some charges while opening them.
Where can one open a foreign currency account?
A foreign currency account can be opened online. These should not be too difficult to discover. Alternatively, a regular local bank can typically open a foreign currency account, so it is worth calling local banks to see which banks will perform this service. Most banks should provide this.
Which banks in Georgia have the highest rate for opening a checking account Do any of them have tax free products ?
First Robinson Savings Bank offers highest rate for opening a checking account and tax free products in Georgia.
Can you get a loan without a banking account?
Banks and savings and loans may pre-approve you, but you will need to open an account with them if you choose to take the loan. If you have a problem opening an account, you will need to get that cleared first.
how to open a bank?
Opening a bank account is not complicated. There are no hidden charges and no gimmicks involved in opening a personal bank account. In fact, if you have the minimum amount of money a bank requires for opening an account, you can open your personal bank account in a matter of minutes. It might be wise to open the bank account in a bank nearby your place of residence for easy access.1. Make sure that you have the required sum of money to open the bank account. Some banks request a minimum amount to open a Savings Account.2. Call or visit a local bank. Talk to the Bank Manager or Customer Service. Their job is to assist new depositors to open the type of bank account that best suits their needs.3. It is important to understand that there are many types of bank accounts. Open an account with only your own name. If you are married you might prefer to open a joint account so either one or the other can have access to the account.4. Banks will not open a bank account for a minor. If your child wants to save their birthday money, you have to open it in your name with his as the beneficiary. This will change when the child turns eighteen.5. If a checking account and a savings account are needed, be sure to ask. Banks offer various types of services.6. Generally, those who require a savings bank with ATM should mention it prior to opening the bank account. Moreover, not all banks are the same. There are Commercial Banks, Savings Banks, Credit Union Banks, and Foreign Banks just to name a few. Be sure to inquire about their services before opening a bank account.Banking has become complicated. There are banks from foreign countries who own banks all over the world. There are banks that have no buildings-a/k/a internet Banking. Banks have been known to fail. Many are in debt. Banks are closing or merging with other banks. Many are affected by the Overseas Banking Industry. A long time ago, bank accounts could be opened with only one dollar. Most banks these days charge fees to open a bank account.
How old do you have to be before opening a savings account?
To have an individual account a person must be at least 18 years old. (In most banks/countries) If a minor, with the help of a guardian, you can make a bank account for yourself.
Banks cannot charge fees for opening and using a checking account?
While there are no specific laws prohibiting banks from charging fees for opening and using a checking account, there are regulations in place to protect consumers. The Consumer Financial Protection Bureau (CFPB) sets rules on what fees can be charged and requires banks to disclose all fees upfront. It is important for consumers to shop around and compare different bank options to find an account with minimal fees.
Where can one open a business money market account?
Many banks can assist one in opening a business money market account. Bankwest, TD Bank and Intercredit Bank are all fine choices or one can check with their local banks to see what is available.
What options are there to cashing payroll check without using check cashing centers?
Banks cash checks. Try opening an checking account.
