When opening a bank account online, you have to determine what information is needed, then proceed to the website of the online bank and indicate what type of account you want. Some online banks operate solely online and provide ATMs for clients in order to access their funds.
When you go into the bank’s website, find a link that directs you to the page where you can fill out an application form to create a bank account. You have to indicate what kind of account you want. When you are on the signup page, you will be required to choose what type of account you want to open. Usual options include Savings, Cash Deposits and Checking. If you choose savings or checking account, you will have to specify the kind of savings or checking account, respectively. You should also take note of the minimum amount to deposit in order to open an account.
You could then proceed to enter your personal information, including your complete name, current address, social security number, birth date, contact information, email address and other important information. The information you submitted will be verified so make sure to enter accurate and updated data to avoid inconveniences later. The bank’s website will send a verification message on your email address asking you to confirm the information submitted.
Depending on the requirement of the bank, the deposit amount should meet the minimum required. However, there are accounts that allow you to deposit any amount you want. You could supply your online bank with a deposit through your old bank account. Make certain to check out the bank’s requirements to determine if they have policy on the deposit mode for new account holders.