Essay on HOW TO OPEN A SAVING ACCOUNT

Jose John August 12, 2015 No Comments

HOW TO OPEN A SAVING ACCOUNT

Opening a saving account in a bank is not tedious job. One should go to the bank and contact the counter clerk for details. Obtain an application form and fill in the details. Return the form along with two recent passport size photographs to the clerk. He has to be introduced by such a person who has an account in that bank. The introducer has to sign on the form and declare that he knows the concerned person. After all the formalities are completed, the person has to deposit some money in cash or by cheque with the bank. With this, the account is opened. A passbook is issued in which your account number is written. Thus your saving account is to operate.