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Q: How much is the initial deposit to open an account at metro bank?
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What will be the initial deposit for bdo joint bank account?

The initial deposit for BDO Joint Bank Account is 2000 Philippine Pesos. The minimum account balance to earn interest is 5000 Philippine Pesos.


What will be the initial deposit to open a Bank of America account?

I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.


Who much is the opening deposit for a checking account?

It depends on the bank and also the type of account you are opening. for example a basic feature savings account in a nationalized bank in India requires a min balance of 500 rupees and for an account with a cheque book requires 1000 rupees for private banks the min balance is usually 2500 or 5000 or even more based on the facilities provided.


How do you deposit money in an account?

you can deposit at the bank


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.


Why initial deposit is required for opening an Account?

To reduce fraud. Bank accounts are for holding money. If you don't have any money why would you open a bank account and get a big fresh stack of checks?


How much is your initial deposit?

Determined by the bank.


What are the requirements for making metrobank ATM account?

A Metro Bank ATM account requires a photo ID and the account holders Social Security number. A small deposit of $25 is also required.


How do you put money on an account?

Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account


How much should be my initial deposit?

Any reputed bank in Indonesia would ask for an initial deposit of about IDR 1,000,000 for opening a regular current account. It would also need minimal core deposits Rp 100,000.


Can you deposit gold into your bank account?

No. Only Cash (Money) can be deposited into a bank account. Gold is a valuable metal and there is no way a bank will accept that and deposit it into your account. However, you can always rent out a safety deposit locker with the bank and keep your gold in that for safekeeping.


Is bank account an a bank deposit account the same?

No. A bank account can be a checking or savings. It is the account in your name where you deposit and withdrawl funds from. A bank deposit is when you put money into the account either by you walking into the bank and handing them cash or a check and the bank teller processes it to be put into your account. They are two different things but they are related.