Lecture Note
University
University of New OrleansCourse
FIN-3301 | Small Business FinancePages
1
Academic year
2023
krishnadasan Melur
Views
0
p {margin: 0; padding: 0;} .ft00{font-size:18px;font-family:Calibri,Bold;color:#000000;} .ft01{font-size:16px;font-family:Calibri,Bold;color:#000000;} .ft02{font-size:16px;font-family:Calibri;color:#000000;} .ft03{font-size:16px;font-family:Calibri;color:#000000;} Explain the types of Various Bank Accounts and procedure to opening an account in a bank. Demand Deposits: it alludes to stores got by broker, repayable on request for example clients pull out when they need. Following can be request stores: • Investment funds Ledger • Current Record Term Deposit: Store acknowledged by Bank which is repayable solely after a proper timeframe. • Fixed Store Record • Repeating Store Record Process of account opening • Application in a recommended structure • Recognizable proof of the client • Photo of record holder • Example marks • Address of record holder • Opening of record • Issue of actually look at book • Issue of pass book • Issue of pay in slip and withdrawal structures • Selection
Types of Various Bank Accounts
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