Question

a report on procedure for opening various types of bank accounts project plzz send projects link

Answer 1

Opening a bank account seem tough but with the help of technology used in banks, one can easily open bank accounts with minimal trouble. The process in nearly every bank is the same and can the procedure is as follows :-

• Choosing correct bank is the first priority since benefits of different banks vary.
• Visiting the website of the bank or directly visiting the bank and collecting forms.
• In the form, we have to give details of ourselves and pick the type of account we want to open.
• Providing the supporting documents in zerox or photocopy.

Answer 2

A bank account can be opened in the name of individuals or for business entities.  

When a bank account is opened the bank allows them to use the bank account for free.

When opening a bank account, the bank will verify the identification of the customer or the business, their proof address and a valid government id.

Transactions can be made online or offline.