When setting up a bank account how much do you have to deposit in ?

-Any normal adult over 18 account can be opened for as little as 拢1 depending on the bank.



In my 11 years since turning 18, I have NEVER had to deposit as much as 拢100 to simply open up a normal current account.



If you are opening up special accounts, high interest earning accounts then yes, but normal everyday accounts, generally are only 拢1!





At the moment I have 2 current accounts, both opened with 拢1. I had a 3rd account with a 3rd bank which was also 拢1.Any normal adult over 18 account can be opened for as little as 拢1 depending on the bank.



In my 11 years since turning 18, I have NEVER had to deposit as much as 拢100 to simply open up a normal current account.



If you are opening up special accounts, high interest earning accounts then yes, but normal everyday accounts, generally are only 拢1!





At the moment I have 2 current accounts, both opened with 拢1. I had a 3rd account with a 3rd bank which was also 拢1.It really depends on the bank and what type of account you open. Some banks will open an account with $5 in it. Others may require a minimum of $100. And most banks have different types of accounts, some of which may require a minimum balance and others not. However, you also have to watch out for fees, so ask about those, too.
It varies, but it should tell you on the website when viewing the account info. It's usually 拢1 for under 18's accounts, and 拢100 for adult accounts.
Its up to the bank. My credit union requires you to keep $5 in a savings account then you can open additional accounts with no minimum.
It all depends on the bank and what account you wish to open. Some you can open with just 拢1, others a higher amount, say 拢100.
12 florins and a shiny sixpence.
Normal current accounts? From 拢1.
Most accounts only need 拢1