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Different banks have different requirements.

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βˆ™ 8y ago
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βˆ™ 8y ago

It varies according to the banking institution and specific type of account. It could be as little as a one dollar, peso etc., to thousands

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Q: What is the minimum core deposit for starting a savings account?
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Related questions

What is the minimum deposit to open a savings account with SunTrust?

The minimum deposit required in order to open a savings account with Sun Trust in one hundred dollars and with this you can start your own savings account with Sun Trust.


What is required to open a high yield savings account with a bank?

Banks may require a deposit of $1 to $100 to start a high yield savings account. At this time many banks are offering high yield savings accounts with fees and no minimum balance after the deposit.


How can you qualify for community savings?

It really depends on what type of account you wish to open at community savings bank. If you simply want to open a savings account, then you only need the minimum deposit of 10.00 to open it! If, however, you wanted to qualify for a checking account, you would need the $400.00 minimum balance required.


Is a savings account a time deposit?

no


How much the initial deposit to open a savings account at bpi family savings account?

1000


Why is investec commercial bank a deposit taking intermediary?

It have a variety of deposit account, such as check account, savings and time deposit


What is the purpose of a business deposit account?

Business deposit accounts are also known as business savings account where one can deposit an amount of money as savings for one's business. Most savings accounts will also offer interest rates.


Which of these describes a time deposit?

Money in a savings account is an example of a time deposit.


What online savings accounts offer the best rates?

Some of the best online savings accounts with the highest APY rate are Ally Bank, they offer 1% with no minimum deposit required to open your account. Next is American Express, they also require no minimum deposit, have no fees, and grant 1% APY.


What is the minimum balance required for STI account?

For a savings account without a checkbook, Rs500 is the minimum balance required to open and maintain the account. For a savings account with a checkbook, the minimum balance doubles to Rs1,000.


Can you deposit a cash card in your savings account?

yes


What describes a time deposit?

money in a savings account