What do I need to open a bank account? An ID and a deposit - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Online banks and brick-and-mortar banks typically require the same documentation to open an account

Bring a piece of mail with you that contains your home address. This shouldn't just be a letter from your parents with your address on the envelope — a bill or credit card statement should do the trick.Not all banks require an initial deposit to open an account, but many ask for a deposit ranging from $25 to $100.

Be ready with a cash or check to make the deposit. You can also transfer money from another bank to your new account, but the other bank may charge a fee for this activity.A parent or guardian if you're under age 18 You must be at least 18 years old to open a bank account on your own. You can open one if you're still a minor, but you must bring a parent or guardian with the necessary documentation to open the account with you.Student accounts often come with extra perks, such as cash bonuses or waived monthly fees. You should bring proof of enrollment, like a transcript, and your student ID.

You'll still need all the same documentation. An online bank will likely have a way for you to scan or submit pictures of necessary documents. You can't make your opening deposit in cash, so the easiest way is probably to transfer money from another bank account. You may value a bank that doesn't charge monthly fees, requires a low opening deposit, or has a great mobile app.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Introducing Advertising Insider, Business Insider's new daily newsletter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman Sachs' consumer deposits see record $20 billion growth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Twitter: 8 accounts had all their data downloaded in giant hack - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. You should look worried jack At least they’re honest about it unlike Mark Liarberg sabotagebeats How about the shadow banning options visible in the screencaps? Are we going to talk about those?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Twitter says 130 accounts were affected in its giant hack - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Twitter has poor cyber security. techinsider The fools who pulled off the hack had the whole world at their fingertips, and they used it to beg for bitcoin. They could have had trump’s twitter announce his resignation, or short Tesla stock after making Elon Musk tweet what they wanted. But they begged for bitcoin. jack Twitter SocialEngineering Is something to look into via CNBC netflix Earnings And Twitter’s Massive Hack Explained: CNBC After Hours' on YouTube twitterhacked
Source: BusinessInsider - 🏆 729. / 51 Read more »