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Some requirements are: 1. Address proof 2. Identity proof 3. Photograph 4. Introducer For address and Id proof you can use your driving license or passport or ration card. Most banks expect you to bring a friend or relative who already has an account with the bank as a gesture of trust.

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16y ago

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What is the purpose of a zero balance bank account?

The purpose of a zero balance bank account is to have somewhere to put some money when an unexpected emergency arises. It is wise to have one just in case.


What are the opening journal entry used in posting issued shares in a new company?

debit cash / bank /assetscredit share capital account


Where can one find information on personal checking?

To find information on personal checking accounts, please contact your Bank. If you are not registered with a bank or do not have any type of account with a bank, please contact the following banks that can assist you with opening a checking account: Chase Bank, Bank of America, Wells Fargo Bank, Bank of New York Mellon or Capital One.


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.


How does one open a business account online?

First and foremost before opening a business checking account, decide what your needs and interests are! Are you looking to get instant updates from your bank? Will financial supervisors have access to this account? What will be the general purpose of the account? Next, research which bank would be right for you! Be sure to compare rates to ensure you get the best service for your finances. After you have chosen the bank for you, compile all the necessary files needed to open an on-line account. Once all your files are gathered, begin the process by "Signing up" for a new account on your banks website. After signing up, the site will give you step by step instructions to ensure that you are well on your way to opening your new account!

Related Questions

How do you write an application letter to a bank?

To, Bank Manager Everest bank ltd Thamel, Kathmandu Subject : Application for opening account Sir, As we are a new company we a business bank account. I hereby request instruction on how our company account can be established in your bank.


What details will a bank ever ask for when opening a new account?

When opening a new bank account, the bank will typically ask for your full name, address, date of birth, social security number, and a form of identification such as a driver's license or passport. They may also require information about your employment and income.


What is the purpose of a zero balance bank account?

The purpose of a zero balance bank account is to have somewhere to put some money when an unexpected emergency arises. It is wise to have one just in case.


What bank account is currently offering money to open?

I'm sorry, but I cannot provide real-time information on specific bank account promotions as they are subject to change frequently. I recommend checking the websites of various banks or financial institutions for their current offers on new account openings. Additionally, it's important to carefully review the terms and conditions, fees, and requirements associated with any promotional offers before opening a new account.


What is the procedure to open an account in a bank in India?

Only Companies can approach branch for opening Salary Accounts. Criteria: Minimum No. Of Employees: 10 Minimum Accumulated salary of all employees: Rs.1,00,000 Vivek@SBI www.statebank.org.in


Can a person open a checking account if their account was closed at a different bank?

Yes. However, if your account was closed due to a negative balance that you failed to repay, you might have some difficulty. Banks report these "charge-offs" to credit reporting agencies other than those used to verify credit for a loan. If a bank, during their account opening process, sees that you have caused another bank a loss on a checking account, they most likely will not open a new checking account for you. The best remedy is to pay the bank that is reporting the loss and start the process over. Good luck!


How can you remove an ex from a checking account?

To remove an ex from a checking account, you typically need the cooperation of both parties involved. Contact your bank to discuss the process and requirements for removing someone from the account. This usually involves closing the existing joint account and opening a new individual account. Ensure any direct deposits, automated bill payments, or other financial arrangements are updated accordingly.


What are the opening journal entry used in posting issued shares in a new company?

debit cash / bank /assetscredit share capital account


What info does the bank see when opening a new account that will causes the loan officer to look at one weird while reading his monitor?

Normally the following documents are insisted by the banker while opening a new account.1. Name2. Address proof.3. Proof of Income.4. Bank stastement if already has an account in another bank.5. An introduction by a known person who has an account in that bank.These are insited because of the possibility of money laundering. Terrorists are in the habit of converting illegally obtained money into legally acceptable money ( This is clled 'MONEY LAUNDERING') by opening accounts in a bank. In order to monitor such accounts and to prevent money laundering, banks obtain these documents while opening an account.M.J. SUBRAMANYAM, BANGALORE, INDIA


If you pay the bank that you owe money to on the chex systems can you open a checking account with them again?

Paying off a debt owed to a bank listed on ChexSystems may improve your chances of being able to open a checking account with them again. However, each bank has its own policies and may still consider your past history when deciding whether to approve your application. It's best to contact the bank directly to inquire about their specific guidelines and requirements for opening a new account.


what are the requirements in opening a new business?

Opening a new business is a lot of hard work and steps. One of the first steps is find out what type of licenses you must apply and pay for. Then, I would go through your bank for business loans to get started.


Does opening a new checking account negatively impact my credit score?

Opening a new checking account typically does not impact your credit score because checking accounts are not reported to credit bureaus. However, if the bank performs a hard inquiry on your credit report when you open the account, it could temporarily lower your score by a few points.