The first step to having a financial background is to open a checking account. The current account is used to deposit income and make payments. You can open it in a bank, in BCC (cooperative credit) or associate one with a broker account. Each financial institution offers a different one, including an online electronic account. You need to know the different options for a positive financial future.
Steps
Step 1. Assess your bank account requirements
- Do you want the branch to be close to home, school or work?
- Would it be better to have a current account to consult via the internet?
- Would you pay minimal commissions to choose a branch close to your home?
Step 2. Compare the financial institutions and their various offers
- There are no minimum deposits for a basic checking account, but there may be maintenance fees.
- An interest bank account requires a minimum deposit and pays interest based on the deposit.
- In cooperative credit, the current account is shared.
- Do you need a special account? Some banks allow students to receive financial aid and special accounts for adults.
Step 3. Check your electronic options with online banks
While many banks offer online services, online banks are on the rise and are a viable alternative to traditional banks
Step 4. Determine the fees associated with the checking account
They may include:
- Monthly or maintenance fees.
- Lower minimum deposit fees.
- Account balance.
- Distributor fees.
- Insufficient funds fees.
- Fees for online electronic control.
- Fees for printing checks.
- Fees for each completed check.
Step 5. Open an account with personal information, including:
- Driving license or identity card.
- Fiscal Code.
- Certificate of residence
- Date of birth.
- Telephone number and email address.
Step 6. Complete with your signature
Use the same signature you will use for checks and for cashing pay slips.
Step 7. Deposit your income into your checking account using the completed forms
You can deposit checks or exchange them by receiving the money in cash.
Step 8. You will receive the checkbook and the forms to deposit the money
Many banks offer temporary checks until the personal notepad is received
Step 9. If necessary, apply for a credit card
Make sure you understand the terms, conditions and fees of your checking account
Advice
- If your balance is very high, transfer money to an interest-bearing checking account.
- Keep your checking account in good condition. Insufficient funds or bad checks would jeopardize your situation.
- Maintain a minimum balance to avoid overpayments or insufficient funds.
