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Does a past savings account still remain?
If you opened a savings account in the past and never did anything with it, yes it would still remain opened and active
Is there an age requirement for opening a savings account?
No, parents can open savings accounts for children or children can open savings accounts for themselves. If a parent has opened a savings account for a child then they can put it in their name once they turn eighteen.
How do you use account in a compound sentence?
She drove to the bank and she opened a savings account.
What are the HSBC savings rates?
HSBC savings rates differ depending on the type of account and the balance in the account. There are approximately three types of accounts. The Premier Savings account offers a 0.20% annual rate. The Everyday Savings account offers a 0.01% annual rate and the HSBC Advantage Online Savings account offers a 0.10% annual rate. These rates are variable and subject to change after an account is opened.
Can someone else open a savings account for you?
No. A Savings account can only be opened by the individual who is going to own and operate the account. Proxy account openings are not allowed in the banking industry. Unless the customer makes a trip to the bank, he/she cannot get a bank account opened.
Does U.S. Bank offer any high yield savings accounts?
U.S. Bank does not currently have any high interest savings account. The highest paying account the bank currently has is 0.85% in a money market savings account. The highest yield available at US Bank (for a savings account) is the Package Money Market Savings account with yields up to 0.85%. This account must be opened with a US Bank Silver, Gold or Platinum checking account.
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
What kinds of savings accounts are available to be opened at Capital Federal bank branches?
Capitol Federal Bank offers seven different options for savings accounts. These include Statement Savings, Money Market Select Accounts, CDs, Kid's Savings (Blue Bucks), Teen Savings Accounts (Blue Chips, Coverdell Education Savings Accounts, and the Better Savings savings account.
How many typesof account can be opened?
there are many: Checking, savings, investments, Commercial (business) just for starters, most people start by a simple checking and savings.
Procedures followed by a BANK in opening a savings account for a customer?
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.
What if your savings account pays 5 simple interest. You opened your savings account with 200 and did not add any additional deposits. After 2 years your account balance is approximately?
For simple interest you get $10 a year total in the account for 2 years $220.The answer is arrived at by multiplying $200x1.05x1.05 (for compound interest).$200x1.05x1.05= $220.50
What is a savings acount?
The saving bank account is generally opened by salaried persons or by the persons who have a fixed regular income. In most cases, people can withdraw money from a savings account at any time, at least at any time the bank is open, or one has access to the bank's ATM. Interest on savings accounts is usually compounded daily and paid monthly.
