What are the requirements to open a bank account?
To open a bank account at American Savings Bank, certain requirements must be fulfilled. Firstly, prospective customers need to be at least 18 years old and possess a valid government-issued identification card, such as a driver's license or passport. Secondly, they must provide their Social Security number or Individual Taxpayer Identification Number (ITIN). Additionally, applicants need to provide proof of address, such as a utility bill or lease agreement, to verify their residential information. Lastly, customers will need to make an initial deposit to activate the account; the minimum deposit amount may vary depending on the type of account chosen. By meeting these requirements, individuals can easily open a bank account at American Savings Bank and gain access to its various financial services.
Answered Nov 2, 2023
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