Skip to content
  • Home
  • All Posts
  • Essays
  • Compositions
  • Paragraphs
  • Letters
    • Emails
    • Acceptance Letters
    • Advice Letters
    • Congratulations Letter
    • Cover Letters
    • General Letters
    • Increment Letter
    • Inquiry Letters
    • Invitation Letters
    • Job Confirmation Letter
    • Job Offer Letters
    • Request Letters
    • Resign Letters
    • Thank You Letters
  • Applications
    • General Applications
    • Job Applications
    • Leave Applications
  • Dialogues
  • Story
  • Reports
  • Graphs and Charts
  • Grammar
    • Tense
  • Writing Help
  • Articles
    • Health and Disease
  • All Categories
  • Site Map
Home » Paragraphs » Paragraph on Opening a Bank Account

Paragraph on Opening a Bank Account

Question:

  1. What is a bank account?
  2. Why is opening a bank account essential for a person?
  3. To whom should a person go to open a bank account?
  4. What is the function of an introduced in opening a bank account?
  5. What should an account opener do afterward?

Answer: the account which is opened with a bank for monetary transactions is called bank account. The opening of a bank account is of great importance to a person. A person feels the necessity of opening a bank account for making easy and safe monetary transactions. The opening of a bank account involves a number of steps. First, the person willing to open a bank account will have to go to the manager of a bank. Then the manager will give him an application form with necessary instructions. He will have to fill in the form properly and carefully. Next, he will have to be introduced to a person having an account with that bank. After that, the introducer must put his signature, write his address and account number in the relevant portion of the application form. Then the applicant will have to put his specimen signature on a signature card and attach two passport size photographs attested by his introducer. Finally, he will have to deposit a minimum amount of cash money with the bank. This is how a person can open an account with a bank.

Related posts:

  1. Dialogue Between You and Bank the Manager About Opening A Bank Account
  2. Paragraph on How to Open an Account in A Bank
  3. Paragraph on Amina, Who Made a Difference in Her Life Through Hard Work
  4. Paragraph on Grameen Bank
  5. Essay on Account for The Popularity of Any Modern Author Whose Works Have Become Best-Sellers
Tags:AccountBankBank AccountOpeningOpening a Bank AccountOpening Bank Account
previousParagraph on How I Celebrated the Last Independence Day
nextShort Composition On A Book Fair I Visited

Top Categories

  • Essays
  • Paragraphs
  • Compositions
  • Dialogues

Useful Links

  • About Us
  • All Posts
  • All Categories
  • Site Map

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Copyright

Help and Support

  • FAQ
  • Contact Us

Copyright © 2020 Ghior.Com