answersLogoWhite

0


Best Answer

to open a bank account we need all the proofs like id proof,adress proof ad some more and then sign some contracts with the bank concerned and then your savings account is opened.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Procedures followed by a BANK in opening a savings account for a customer?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What can a customer get free with a bank account with Chase bank?

A customer can sometimes get free gift certificates for opening an account with Chase bank.


How does one get information about opening a bank account?

Opening a bank account is a very easy process even for those who have never done it before. Call or email the bank of your choice to inquire about their account procedures.


Why should a bank take a reference when opening an a account for a customer?

To make sure you're reliable.


Use case diagram for opening and closing bank account system?

1. Collect relevant documents for Identity proof and Address Proof alongwith account opening form from customer. 2. Input demographic details/ other erelevant details including introducer's details. 3. Check whether details/document provided by customer are correct/valid or not and check for KYC. 4. If "Yes", then create Customer ID for the customer, which can be further an input to Account number generation. 5. If "No" account cannot be opened.


What is the procedure for opening various type of bank account?

The procedures vary from bank to bank and from a type of account to another. It is usually just dependant on your financial history and if the bank is willing to do business with you.


Can a bank manager draw money from cc account without notice for loan?

I am not sure what you mean. A bank can not remove money from customers accounts except as detailed in the terms and conditions for having an account with the bank signed by the customer when opening the account or notified to the customer as a variation in terms and conditions.


What do you men by instent ATM card?

An Instant ATM card is nothing but a normal ATM card with the only difference being the fact that, this card is issued to the customer at the time of opening a bank account. Normal ATM cards are posted/shipped to the customers residence 3-5 days after the customer finishes his bank account opening formalities but the Instant ATM card is given to the customer immediately (On the same day)


Syndicate bank nri account opening form?

Opening account


How does one become a customer of Southeastern Bank?

Becoming a customer of Southeastern Bank is as simple as walking thru the front door. Just speak to a bank employee about opening an account. Also, applying online is available.


What is the opening spiel for call center agents?

This opening spiel works best because you have time to pull up the customer's profile/account before even asking for his/her concern. That way, you will be able to say the needed empathy statements when providing for the solution: Agent: "Thank you for calling XYZ Co. My name is Darth. I will be assisting you today. May I have your Account Number, pls?" Customer: xxx Agent: "Thank you for that information, Ms./Mr. Customer. How may I help you today?" Some companies (particularly those focused on Customer Service) prefer the general opening spiel: Agent: "Thank you for calling XYZ Co. My name is Megatron. How may I assist you today?" Customer: xxx Agent: "(empathy statements) xxx But first. let me pull up your account. May I have your membership/account number pls?"


What is opening balance control account?

we should entry the opening balance to account for total balance ,That adjustment is opening balance control


What is the procedure of opening various types of bank accounts?

The procedures vary from bank to bank and from a type of account to another. It is usually just dependant on your financial history and if the bank is willing to do business with you.