Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there a Minimum Deposit Requirement upon account opening?

0

A. No, many people believe that U.K. banks require both residents & non-residents to deposit a minimum of 1000. This is a common assumption and has been circling the Internet for quite some time. The fact of the matter is, online consultancies & mediators have never actually visited the U.K. or know what their exact banking requirements are. Nearly all U.K. Financial Institutions will open a bank account by POSTAL MAIL or IN PERSON with no minimum deposit, or just 75.

0

A. No, many people believe that French banks require both residents & non-residents to deposit a minimum of 1000. This is a common assumption and has been circling the Internet for quite some time. The fact of the matter is, online consultancies & mediators have never actually visited the French or know what their exact banking requirements are. Nearly all French Financial Institutions will open a bank account by POSTAL MAIL or IN PERSON with no minimum deposit, or just 75.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123