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Q: What is the age requirement to open an account in a commercial bank?
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What are the basic requirements of opening a saving account in a commercial bank?

You need the following to open a bank account:An Identity Proof - Passport or Driving LicenseAddress Proof - Passport or Driving License or Phone BillPhotograph - For the bank recordsProof of Employment - For the bank records to know more about youAn Introducer - This is usually a requirement for the bank to postpone all the due diligence they would do on you to a later point of time. An introducer should be someone who has an existing relationship with the bank.Initial Deposit Money - When you open an account, the bank expects you to deposit a minimum amount (Depending on the type of account you are opening)


How can one open a Lloyds TSB Bank Account?

It is possible to open a Lloyds TSB bank account in many ways. The safest and most reliable way to open a bank account with this bank branch is to visit the bank directly.


How do you open an account at RHB Bank Berhad Malaysia?

types of customer who can open an account at rhb bank


What do I need to open an account at Spencer Savings Bank?

In order to open any bank account you are likely to need at least one form of government identification, a Social Security number or Tax Identification number, and some money to put into the account. As Spencer Savings Bank is located only in New Jersey, an additional requirement will be to be in the New Jersey area.


How does one open a club bank account?

To open a club bank account, one first needs to have a club. You then have to visit a bank with loads of ID about the club and what it is for and have a valid reason for needing the bank account.

Related questions

How can one open a commercial savings account?

Depending on what country you are currently living in, you would have to visit your local bank and acquire details from the staff as to how to open a commercial savings account.


Do you need a separate bank account to disburse the gratuity?

No. There is no such requirement. Gratuity can be paid into your existing bank account itself. If you do not have a bank account already, in that case you may need to open one in order to get the gratuity disbursement but if you have one you can use it.


What are the different types of accounts in Kenya commercial bank?

am out of the country and would like to open an account


What do you need to open a bank account?

Anyone can open a bank account. You need the following to open a bank account:An Identity Proof - Passport or Driving LicenseAddress Proof - Passport or Driving License or Phone BillPhotograph - For the bank recordsProof of Employment - For the bank records to know more about youAn Introducer - This is usually a requirement for the bank to postpone all the due diligence they would do on you to a later point of time. An introducer should be someone who has an existing relationship with the bank.Initial Deposit Money - When you open an account, the bank expects you to deposit a minimum amount (Depending on the type of account you are opening)If you have these, then you can open your account.


What are the basic requirements of opening a saving account in a commercial bank?

You need the following to open a bank account:An Identity Proof - Passport or Driving LicenseAddress Proof - Passport or Driving License or Phone BillPhotograph - For the bank recordsProof of Employment - For the bank records to know more about youAn Introducer - This is usually a requirement for the bank to postpone all the due diligence they would do on you to a later point of time. An introducer should be someone who has an existing relationship with the bank.Initial Deposit Money - When you open an account, the bank expects you to deposit a minimum amount (Depending on the type of account you are opening)


Which bank lets you open a checking account without a social security number?

Actually None. A Social Security Number is a mandatory requirement if you want to open a checking account in the United States. However, if you are a new resident of the country (say a foreign worker) the bank will allow you to open the account with the SSN but you have to apply for your SSN and update your bank records within the first month of opening of the account. If you fail to do so, the bank can freeze or even close your account.


Can I open a click bank account with no bank account or can I use my PayPal as a bank account?

PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.


Is bank open on saturdays to open an account?

That depends on which bank.


How can open new account in NCB bank?

Open account for ncb


How can one open a Lloyds TSB Bank Account?

It is possible to open a Lloyds TSB bank account in many ways. The safest and most reliable way to open a bank account with this bank branch is to visit the bank directly.


Who can open account?

Generally, individuals who are of legal age and have the necessary identification and documentation can open a bank account. This usually includes citizens or residents of the country where the bank is located. Some banks may have specific requirements or restrictions, so it is best to check with the specific institution for their account opening criteria.


How do you open an account at RHB Bank Berhad Malaysia?

types of customer who can open an account at rhb bank