What is required when opening a checking account?
A. An initial deposit
B. A salary
C. A copy of your last paycheck
D. A credit card
What is required when opening a checking account?
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A. An initial deposit
When opening a checking account, most banks require an initial deposit to activate the account. This amount can vary by bank and account type, but it’s typically a minimum balance needed to start the account. Other options listed, such as a salary or a paycheck, are usually not required at the account opening stage.