Question

Select each of the tasks associated with opening a checking account.Run a credit report.Provide information such as name, address, date of birth, and Social Security Number.Provide identification.Complete a W-2 form.Verify the account.Deposit at least the minimum balance.Sign an authorization card.

Answer 1

The task associated with opening a checking account is first, a client must provide an identification and information such as name, address, date of birth, and Social Security Number. After supplying your personal details, you will be ask for a deposit, which is at least the minimum balance. When you finish completing your account, you will receive an initial checkbook and documents that contain information about your account and this should be keep in a secured place to avoid fraud.