Bank Accounts and Types
BANK ACCOUNT:
A bank account is a financial account which tells you details or records of all the financial transactions that occurs between bank and the customer and also the financial state of the customer after that.
There is a process of opening an account which is as follow: 1. The Type of Bank Account which you wish to open:
There are following types of accounts like fixed deposit account, saving account and the current account. You choose any of them according to your need. 2. Approach any Bank of your personal choice:
When you have chosen the type of account for yourself, the next step is to choose the suitable bank. It depends on various factors like locality of bank, number of branches, reputation of the bank etc. 3. Meet the officer of the bank:
After that you consult the bank officer of the bank on which you are planning to open your account, he guides you and provides you the form which you have to fill. You can ask any type of query which you have in your mind. 4. Completion of the Bank Account Form :
Your basic information’s are taken through this form, which banks save as a record. They ask about your name, address, contact number, age, NIC number, email address, parent’s information, occupation etc. you have to provide the information correctly and carefully.
5. Specimen signature card:
They take two or sometimes three signatures of yours on the card. And if the account is joint venture then both parties have to sign. 6. Photographs/ snaps:
Banks now a day’s ask the applicant to submit copies of their latest photograph for the purpose of identification. All of these steps are compulsory. 7. References:
Bank uses it for their security. They normally required references of the prospective account holder by any of the existing account holder. The introducer introduces by signing his specimen signature card. The reference banks need for its security. 8. Submit Documents and account opening form:
The next
A bank account is a financial account which tells you details or records of all the financial transactions that occurs between bank and the customer and also the financial state of the customer after that.
There is a process of opening an account which is as follow: 1. The Type of Bank Account which you wish to open:
There are following types of accounts like fixed deposit account, saving account and the current account. You choose any of them according to your need. 2. Approach any Bank of your personal choice:
When you have chosen the type of account for yourself, the next step is to choose the suitable bank. It depends on various factors like locality of bank, number of branches, reputation of the bank etc. 3. Meet the officer of the bank:
After that you consult the bank officer of the bank on which you are planning to open your account, he guides you and provides you the form which you have to fill. You can ask any type of query which you have in your mind. 4. Completion of the Bank Account Form :
Your basic information’s are taken through this form, which banks save as a record. They ask about your name, address, contact number, age, NIC number, email address, parent’s information, occupation etc. you have to provide the information correctly and carefully.
5. Specimen signature card:
They take two or sometimes three signatures of yours on the card. And if the account is joint venture then both parties have to sign. 6. Photographs/ snaps:
Banks now a day’s ask the applicant to submit copies of their latest photograph for the purpose of identification. All of these steps are compulsory. 7. References:
Bank uses it for their security. They normally required references of the prospective account holder by any of the existing account holder. The introducer introduces by signing his specimen signature card. The reference banks need for its security. 8. Submit Documents and account opening form:
The next