answersLogoWhite

0

it depends on the bank...

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Finance

Requirements for opening an account?

These requirements vary based on the bank and type of account you are opening The minimum balance required to open an account may vary greatly from anywhere between $1 and $2,500. Comparisons shopping is necessary to find the best deal for you, which is dependent on your location.


What are the requirements for a high yield saving account?

The requirements on a high yield savings account vary depending on the bank that you choose. Some have minimum deposits, others have a minimum average balance. One should always check with the bank they are interested in and competitors before opening an account.


What did someone ask you to do regarding opening a bank account?

Someone asked me to explain the process of opening a bank account.


What are thebasic requirements for a fixed deposit account?

The basic requirements for opening a fixed deposit account are: a. Amount to deposit b. Existing relation with bank (You need to hold some sort of account with the bank. Else, you will be asked to open one) c. Source/Proof of legal income If you have these, any bank will be willing to open an fixed deposit account for you.


Can you be 16 years old and open a savings account with chase bank?

Yes, a 16-year-old can open a savings account with Chase Bank, but they will need a parent or guardian to co-sign the account. Chase offers specific accounts designed for minors, which help young individuals learn about saving and managing money. It's advisable to check with the bank for any specific requirements or documents needed for the account opening process.

Related Questions

Requirements for opening an account?

These requirements vary based on the bank and type of account you are opening The minimum balance required to open an account may vary greatly from anywhere between $1 and $2,500. Comparisons shopping is necessary to find the best deal for you, which is dependent on your location.


When opening a bank account is important to review?

There are many things which are important to review when opening a bank account.


Syndicate bank nri account opening form?

Opening account


Where can I find information about opening a business bank account?

You can go to your bank where you have your personal bank account and talk with the manager or someone that works there. They can get your started on opening a business bank account.


What are the requirements for a high yield saving account?

The requirements on a high yield savings account vary depending on the bank that you choose. Some have minimum deposits, others have a minimum average balance. One should always check with the bank they are interested in and competitors before opening an account.


Can a felon open a bank account?

Yes, a felon can generally open a bank account. However, some banks may have specific policies regarding account opening for individuals with a criminal record. It is recommended to check with the bank directly for their specific requirements.


What did someone ask you to do regarding opening a bank account?

Someone asked me to explain the process of opening a bank account.


When opening a bank account its important to review provided to you by your bank?

When opening a bank account, it is important to carefully review the terms and conditions provided by the bank. This will give you a clear understanding of the fees, interest rates, and any account limitations or requirements. Reviewing the documents will help you make an informed decision and avoid any surprises in the future.


What are thebasic requirements for a fixed deposit account?

The basic requirements for opening a fixed deposit account are: a. Amount to deposit b. Existing relation with bank (You need to hold some sort of account with the bank. Else, you will be asked to open one) c. Source/Proof of legal income If you have these, any bank will be willing to open an fixed deposit account for you.


What are the requirements in opening a bank account?

To open a bank account, you need several important documents. You will require a valid piece of photo id, your social security card, and proof of your current address, such as a current bill.


What actors and actresses appeared in Opening a Bank Account - 1968?

The cast of Opening a Bank Account - 1968 includes: Aubrey Woods


What is Account Opening Department in bank?

As the the title implies: Account Opening Department, it is the department or person you will be directed to if you wish to open an account in a bank or building society.