What Do You Need To Open A Bank Account?

Finance

Based on the type of bank account you wish opening, the requirements varies. There may be many material needed while opening a bank account. So, what do you need to open a bank account? This is something this article is going to tell you about.

What Do You Need To Open A Bank Account Exactly?

Prior opening your account in the bank, you will have to keep the materials ready. Before you head in opening one, you will have to determine

  • The account type
  • Where you wish to bank

Usually people will hold “checking account” that allows them to easily deposit their cash, write checks & even use their debit cards for paying off the bills. So, what do you need to open a bank account? The materials required for opening a bank account, as mentioned earlier depends on your bank and the account type. Generally, you will need the below listed things

  • Your age proof = Driving License
  • Residential address = Passport
  • Legal status = SSN – Social Security Number

Whether you prefer opening your bank account through online, phone or in person, you basically need the 3 things listed above. There are even banks, which might other things as well. But you need the above materials for sure.

Your driving license proves your age whereas your passport proves your residential address and your Social Security number to prove your legal status. Apart from the above, you need to bring little cash with you while opening a bank account since you will be asked to deposit if all the details you have provided are correct. Finish all your paperwork associated with your bank account and don’t forget to ask about the account charges. Once you complete these, you will be offered your “Passbook” & “Temporary Checks”, only if you have opened checking account.

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