Sara would like to open a bank account. What will she need to do this? Choose three answers.

Question:- Sara would like to open a bank account. What will she need to do this? Choose three answers.

1:-identification card

2:-high school diploma

3:-money to start the account

4:-birth certificate

5:-proof of address

Answer

To open a new bank account, Sara will have to prepare several crucial documents and items. First of all, she should provide a valid identification document such as driver’s license or passport. This enables the bank to authenticate her identity. The second requirement is that Sara will have to present evidence of her current address this generally takes the form of a recent utility bill, bank statement or some other official mail where she name and residence are clearly visible. Banks must verify where she resides to keep records. Finally, she will have to make an initial deposit into the account and this usually varies from $25 to fifty dollars upwards depending on which bank you are dealing with. Sara should fulfil the basic regulations with an appropriate ID, proof of address and initial funding to open a new personal bank account.