When he finally decided to open a new bank account, it is very important to choose the better part of a bank would be that the needs of yours.
Normally, people have two accounts: a savings account and a checking account. Anyone can have a savings account, and all previously used for storage. If you have money in this account will accumulate interest every month depending on the rate of interest. Savings accountInterest rate is usually never go above 1.5%, so if you have not already intriguing money from banks to your hopes too high. Furthermore, to have a savings account you must always be a certain amount of money in the account and the account is money can only be recovered if you decide to quit. All insured deposit account that is on is a very safe place to keep the extra money.
The other type of accountis almost universally a bank account. Owning a bank account, you must be at least 18 years. Current accounts, savings accounts contrast, did not earn any interest and are usually used for convenience. Today, when you open a bank account, usually have a debit card that can accept debit cards that are used and in all places. It 'much more comfortable to wear for a maprequires a four-digit PIN to use, instead of carrying a load of cash. All money deposited in an allowance is intended to be close and can be accessed online purchases through an ATM, and a variety of places like gas stations and restaurants. It 'also much safer to carry around, because a debit card is lost or stolen, you have for someone else to get the money they need to know your four digit pin.
