A deposit account is an account of an individual with a bank. If you need to open it, you should contact a credit institution, taking your passport, taxpayer identification number (TIN), as well as a certain amount of money. Opening a deposit is the simplest and most common banking operation.
Instructions
Step 1
In order to open a deposit, you need to come to the bank, namely to the operating room and find out all the necessary information about them. A personal relations manager will help you with this, as well as information walls and brochures that are available in each office or branch. Carefully consider the choice of a deposit, its terms, interest rates, the possibility of replenishment and withdrawal from the account, the presence of a deposit insurance system and other conditions. Be sure to ask the teller questions that will help you make the right choice.
Step 2
As a rule, the majority of future depositors determine an acceptable deposit for themselves in terms of profitability, i.e. deposit rate. However, pay attention to the accrual of interest. If they are charged monthly, and not quarterly, and even more so, not on the day the deposit ends, you should take a closer look: such a contribution will bring you additional income. When capitalizing funds, i.e. monthly addition of the accrued interest to the balance of the deposit, you will also benefit.
Step 3
As soon as you decide on the type of deposit, the bank employee will draw up an agreement, which will indicate the conditions and procedure for opening and closing a deposit. Read it carefully, and only then sign it. Your signature will also be required on the signature sample card, which will be kept in the file. All your further signatures will be checked against it. The bank account agreement is drawn up in two copies, you will receive one of them in your hands.
Step 4
After completing the contracts, you need to go to the cashier to make a deposit. At the cash desk you are required to issue one copy of the credit slip. It must indicate the amount to be deposited, the type of deposit, your name and passport details, and also be stamped. Be sure to check if the bank issues a savings book. This condition must be specified in the contract. If this document provides for the issuance of a book, demand it. It may be required when filing a claim against a bank, for example, in case of bankruptcy or incapacity of the depositor.
