It is very easy to open a bank account online. It requires your basic information, which includes your name, email address, savings or checking account from another bank. With just a few things, you can open an online bank account in thirty minutes. However, it is important to get a few things prepared in advance.
Although it is not mandatory to have a local checking or savings account, it is more convenient to link a local account with your account online for faster fund transfer. Have a savings deposit check or blank check on hand along with your bank information and the information of your bank. You need this to inform your bank online bank on how to make fund transfers to and from your local bank.
Moreover, you need to provide basic information such as email address, telephone number, your mailing address and the SSN. The SSN is required by your online bank for the IRS. Don’t forget that banks differ and to regulate money, both your routing number and account number is required. The routing number is on each document that your bank prints for external and internal use. Personal checks, cashier’s checks, money orders and savings deposits all have routing numbers printed.