You can have no money and still keep it open. Bank of America doesn't care if it doesn't have any money in it . If your savings account is linked to your checking account then it should be fine.
savings account
Savings account is the bank account in Pakistan in which a person can keep large amount of money such as 100 crore.
Your bank has the best records of your savings account. You can ask them for a duplicate record book that you can take home and keep with your important records.
If you were to have 1000 core cash it would be best to keep it in a savings account.
No, most banks in UAE do not ask for an minimum balance in a savings account. However, you must check with your bank for exact details.
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
In the days before computers we used to use a "bank account book" or a transaction register to keep a log of our savings account. It was much like a checking transaction register. Your bank generally would "stamp" in the deposits and withdrawals.
"Signature Bank is the same as every other bank, you can start an account there, savings or checkings. They keep your money and charge you to hold on to it."
Most bank require small deposits to open an account, but larger deposits to keep the account open and not earn service charges.
A savings account is a good place to keep money safe for future needs.
Saving money means you put money in a envelope or a bank account. "savings" Well you put it away and you don't touch the money and you keep adding money to the envelope or bank account