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What is the minimum age limit to use ATM card while having own account?
Wiki User
∙ 13y ago
There is no age limit for using an ATM card. As long as you have an ATM card you can use it. But usually banks don't issue ATM cards to children or adolescents. They may issue cards to account holders who are at least 16 years old.
Wiki User
∙ 13y ago
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How much money is needed to start a bank account?
You will have to check with your bank. Some accounts don't have a minimum, while others do.
Why might banks require a minimum balance be maintained n savings account?
Providing you a bank account and service at the branch means that the bank incurs some expenses or should I say cost. In order to cover for that cost, banks usually specify a minimum balance based on the type of account and services you wish to avail. This minimum balance should be sufficient to offset the cost the bank incurs in providing you with the requisite services. At the end of the day, it is a business for the bank and their motive is to make a profit while providing you with banking services. That is why they require you to maintain a minimum balance on your savings account.
How do you open up a savings account?
Depending on what banking institute you plan on having your account at will determine how to open a savings account. Your local bank would just need you walk into the branch office and fill out the necessary paperwork. While out state or out of country banks will have different guidelines... each banking center may be different.... best bet is to call during banking hours and ask.
What are the basic features of online savings accounts?
While each bank will provide different features, the most notable feature of an online savings account is that your banking is done completely online. Rather than having to visit a physical location, you can monitor your savings over the internet. This includes making transfers to and from the account.
What is the difference between person fund vs account fund?
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
Is there a minimum account that you need to keep in a savings account?
It depends on the type of savings account you have. Usually banks don't expect a minimum balance if your account is a salary account. However, depending on the country and bank the number would vary. For ex: nationalized banks expect approximately Rs. 1000 for normal savings accounts while private banks expect much higher minimum balances.
How much money is needed to start a bank account?
You will have to check with your bank. Some accounts don't have a minimum, while others do.
If you play wow private servers while having a trial account does that mean when you get an upgraded account they will ban you?
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Why might banks require a minimum balance be maintained n savings account?
Providing you a bank account and service at the branch means that the bank incurs some expenses or should I say cost. In order to cover for that cost, banks usually specify a minimum balance based on the type of account and services you wish to avail. This minimum balance should be sufficient to offset the cost the bank incurs in providing you with the requisite services. At the end of the day, it is a business for the bank and their motive is to make a profit while providing you with banking services. That is why they require you to maintain a minimum balance on your savings account.
Is there a limit to webpage hosting?
"While there is not an actual limit to how many webpages one may host, there are limits to determine how many webpages can be hosted on one ISP, check with your internet service provider to see how many are allowed to your account."
How much money do you need to start a checkings account?
== == Most of the major banks require a minimum balance to keep open. While some smaller banks and credit unions let this rule slide to keep customers, Financial collapse of September 2008 has forced most banks to moving back to a minimum balance rule. The amount of the minimum balance often varies depending on the bank and the type of account. Savings accounts? Many savings accounts do require minimum balances. Typically as long as you keep the minimum balance in your account, they will not charge you a fee. Many banks offer accounts with no minimum balance or a very low minimum balance.
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