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It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
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Where can one find a cheap deposit account?
Someone can find a cheap deposit account at a local bank that does not charge you very much to open a deposit account with them, or just spending no money and keeping your money yourself.
How much the initial deposit to open a savings account at bpi family savings account?
1000
How could one open a money market deposit account with Capital One?
One can open a money market account with Capital One by visiting the Capital One website. On the website one should follow the "Opening an Account" link.
What is the procedure to open a bank account in India?
how much money do i need to open a saving account
Is it true or false that if you open a savings account you can increase your money?
True - If you keep depositing your monthly savings regularly into your savings account. False - If you don't deposit any money into your account. Money in your savings account does not increase automatically. Banks will credit a small interest amount every quarter/year into your account but that wouldn't increase your balance significantly unless you deposit funds into your account.
Where can one find a cheap deposit account?
Someone can find a cheap deposit account at a local bank that does not charge you very much to open a deposit account with them, or just spending no money and keeping your money yourself.
How do you open a bank account to deposit a account payee cheque?
by opening a/c only can deposit n withdraw money
What is the average minimum deposit for money markets?
A minimum deposit is required to open a money market account; $1,000 is typical.
Do I need a certificate of deposit to deposit money into my account?
You do not need a certificate of deposit (also known as a CD) to deposit money into an account - unless you are attempting to deposit money into a CD account. Most banks only require you to have a regular savings account opened to be able to deposit money into a checking account for free. However, these terms vary by bank depending on which one you are using. Generally speaking, however, you should not have to open a CD to deposit funds into a regular checking account.
What is the difference between a money market account and a checking account?
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.
How much the initial deposit to open a savings account at bpi family savings account?
1000
Can you open an account in US and have a person from UK deposit money in that account?
Yes. There are no restrictions as to who can deposit cash into an account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
Is there a certain amount of money required to open a free checking account at most banks?
The Answer is Yes, most and if not all banks require an initial deposit of $100.00 dollars to Open a new account. Other bank require a higher initial deposit but to the best of my knowledge for the most part a one hundred dollar deposit will do to open an account.
How could one open a money market deposit account with Capital One?
One can open a money market account with Capital One by visiting the Capital One website. On the website one should follow the "Opening an Account" link.
What is the procedure to open a bank account in India?
how much money do i need to open a saving account
Is it true or false that if you open a savings account you can increase your money?
True - If you keep depositing your monthly savings regularly into your savings account. False - If you don't deposit any money into your account. Money in your savings account does not increase automatically. Banks will credit a small interest amount every quarter/year into your account but that wouldn't increase your balance significantly unless you deposit funds into your account.
I want to invest in something that will give me good returns but has no risk of losing money.?
You should open a fixed deposit account as in this kind of an account you deposit money for a stated period of time and a fixed interest rate is paid at the end of the tenure. It is not affected by fluctuations in the money market.
