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Some banks offer zero account balance accounts. In them you need not maintain any minimum balance to run the account. But in most cases each bank would have a minimum amount that needs to be maintained. For example in a Nationalized Bank in India where the account gives you features like cheque book, ATM card etc, the minimum balance is 1000 rupees. In case you fail to maintain the minimum balance then the bank has the rights to charge a penalty. This would be charged on a monthly basis based on the number of times your account has failed to maintain the min balance.
What else can I help you with?
What is the procedure to open a bank account in India?
how much money do i need to open a saving account
Do you need money to open a business account?
Yes, typically you will need money to open a business account. Most banks require an initial deposit to open a business account, which can vary depending on the bank and the type of account you are opening.
How much money do you need to open up a TD Bank account?
you can open an account with $1.00 or more
How do I open a money market account over the Internet?
You can open a money market account over the Internet at https://www.zionsbank.com/isavings_info.jsp - . Another good place to opne an account is www.bankofinternet.com/money-market-savings.aspx
How can I open an account and get money?
To open an account and get money, you can visit a bank or financial institution in person or online. You will need to provide identification and personal information to set up the account. Once the account is open, you can deposit money through various methods such as cash, checks, or electronic transfers. You can then withdraw money from the account through ATM withdrawals, checks, or electronic transfers.
What happens to your money if you forfeit a deposit?
There will be no money in the account
What is the procedure to open a bank account in India?
how much money do i need to open a saving account
Do you need money to open a business account?
Yes, typically you will need money to open a business account. Most banks require an initial deposit to open a business account, which can vary depending on the bank and the type of account you are opening.
What happens when you receive a crossed cheque and you have no bank account?
open a bank account.
How much money do you need to open up a TD Bank account?
you can open an account with $1.00 or more
How do I open a money market account over the Internet?
You can open a money market account over the Internet at https://www.zionsbank.com/isavings_info.jsp - . Another good place to opne an account is www.bankofinternet.com/money-market-savings.aspx
What happens when money is deposited in account is it credited or debited?
deposited money is credited to your concern bank account
You are Iranian how can you open an account in Turkish branch?
How can Iranian open Bank account in Turkey to receive money and transfer money inside and outside turkey .
How can I open an account and get money?
To open an account and get money, you can visit a bank or financial institution in person or online. You will need to provide identification and personal information to set up the account. Once the account is open, you can deposit money through various methods such as cash, checks, or electronic transfers. You can then withdraw money from the account through ATM withdrawals, checks, or electronic transfers.
Is there a minimimum amount of money needed to open an account online with lloydstsb?
Yes there is a minimum amount of money needed to open an account online with lloydstsb. With most banks, a minimum required balance is needed to open any sort of account.
How much Money you Need to Open an account?
What type of account ? nothing if its just an average bank account
What happens in ma if you don't pay back a payday loan?
Speaking from personal experience, they will take the money from the bank account that you signed up with regardless if the money is in there to cover it or not. If there is not enough money in the account then you will owe the bank money. If you don't pay the bank long enough they will take you to court, and you wont be able to open another bank account for a little while.
