I want to open a checking account at Bank of America, what is the minimum deposit required?

I want to open a checking account at Bank of America, what is the minimum deposit required?
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1 Answer

Answer :

To open a checking account with Bank of America you need at least a $25 opening deposit for basic checking. If you want an interest or business checking account then you need a $100 opening deposit.
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IF TCF CLOSES A CHECKING ACCOUNT CAN YOU OPEN ANOTHER ACCOUNT WITH WHETHER IT BE SAVINGS OR CHECKINGS?

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What kind of documentation is needed to open an online checking account?

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Last Answer : Opening an online checkign account is relitively easy. If you have your state issued ID and your social security number you should have enough information.

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Last Answer : There are some banks (for example First Bank) that will allow you to open a checking account without parental consent if you are under 18. You should check with individual banks around your area.

What is the best age to open a checking account for a minor?

Description : What is the best age to open a checking account for a minor?

Last Answer : There really is no best age for a minor to open a checking account. A minor cant open their own account until they reach the age of 18, but could open a joint account with a parent. This would depond on when the parent decides is best for the minor.

What forms of identification do I need to open a checking account?

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Last Answer : When I opened my checking account I had to present a current Texas drivers liscense, and my social security card.

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Last Answer : Yes, but an adult must co-sign the checking account

Where can I Open A Checking Account without a credit check?

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Last Answer : You can open a checking account with badcreditnic.com. The do no check your credit.

Should I open both a checking and a savings account, or is one better than the other?

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Last Answer : Having both a checking and savings account is often a good idea. A checking account is designed to help you deal with the cash inflows and outflows to run your life (writing checks, ATM/cash cards, ... from the one you use for your regular expenditures (you will be less likely to spend it!).

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Assume that the required ratio is 10 percent and bank receives $1,000 deposit. What is the excess reserves ? (a) $100 (b) $9,000 (c) $900 (d) $10,000

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Last Answer : (c) $900

I want to begin making payments directly from my checking account when the payments are due. I do not want them taken out automatically, but to be able to pay on-line. Tell me how.?

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Last Answer : You can have the bank send a bank check for you. I want to pay my bill on line. due January 23, 2010

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Last Answer : According to the policy of Islami Bank, student account is maximum (one lakh rupees can be kept) but you can keep whatever you want. Problems can arise if you keep too much money. Cause: They will ... call this number (18259 or 09611018259) or visit any branch of Islami Bank. Islami Bank's web site

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If i send money through my bank account in Bank of America can i have a receipt that i can print where i can prove that the other person got the money?

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Last Answer : Send money how? Like a wire transfer? The bank will provide you with a receipt of the transaction. If you somehow don’t find a way to print one online. Call them or go to a branch and they can provide it as well.

Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements for a small business account? Or a recommendation of a good small business bank, period?

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Last Answer : Sovereign Bank had Free Business Checking a few years back… I’m not sure if they still do. Have you done a web search for “free business checking”?