What do you need to open a bank account?

Millie

New member
I'm trying to understand what do you need to open a bank account, especially for beginners. What documents do banks usually ask for—like ID, address proof, or income details? Also, do the requirements change if you're opening an account online instead of visiting a branch? Any guidance would be helpful.
 
All you need to open a bank account is usually a valid photo ID and an address, in an online bank account opening, the same is uploaded digitally, which makes opening it much faster and simpler.
 
In most cases, to open a bank account, you will need a legitimate government ID (such as a passport, driver license), address verification (utility bill or lease agreement), your Social Security number or tax ID and a deposit. Minors may also be subject to parental consent and minimum age by some banks.
 
In order to open a bank account, you usually require valid ID, address evidence, personal information and opening deposit. The banks might also demand your PAN/SSN or tax ID depending on the country.
 
In most cases, you will have to show a government-issued photo ID (for example, a passport or driver's license), a proof of address (a utility bill, a lease), give your Social Security Number (or TIN/PAN) and, most probably, make an initial deposit of some minimum amount. Different banks and countries have different requirements.
 
Back
Top