It is better to keep the money in a bank account because:
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
1. you don't have to go out of home to the bank 2. saves time 3. you an easily transfer your money to another account
Keeping money in a bank is more beneficial than leaving it in your house because money can earn interest in a bank. Plus, if you try to hide your money at home, it's easy to forget where you put it.
Yes
Not very likely
Bank account is very important now a days life due to following reasons. If you are employee then to get salary. If you go out city and need money you can get via ATM or your friend or family members can send you money on line in your bank account. So it makes your life so simple and you do not need to take money on large journey just have your ATM card of bank account.
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
1. you don't have to go out of home to the bank 2. saves time 3. you an easily transfer your money to another account
Yes you can, I also sent money to my home yesterday with remit choice limited
no they cannot.... no they cannot....
You can open a money market account with a bank with the minimum deposit and filling out the appropriate forms. These forms include your social security number, drivers license, and home address to ensure you are not committing fraud.
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
the home branch is where the customer has opened his or her account
You can keep a lot of money at home if you want to. As long as you have legally earned money, you do not have to keep it in a bank. It may be safer in a bank but you can keep it in your home.
To open an account at Bank of America, you will need the following for each applicant;1. Social Security number2. Home Address3. Current E-mail address4. Debit card or bank account number to transfer money from an existing account at another bank or financial institution. Since BofA opens accounts and handles mortgages for illegal aliens, a social security number is not needed.
Keeping money in a bank is more beneficial than leaving it in your house because money can earn interest in a bank. Plus, if you try to hide your money at home, it's easy to forget where you put it.
If you are living in Germany for longer than 4 months or so, it might make it easier for you to have a bank account. However, you can probably also withdraw money in your home currency via ATM machine and/or charge things on a credit card, so it isn't essential to have a bank account. If you will be paid while you are in Germany, you may be required to have one.