Written Application

Supporting Documentation

Choices and Consequences

Good Decisions

DIVERSIFICATION

If safety is one of your important objectives, you can consider using more than one bank. This will reduce your risks, and after a time you might like one of the banks better than the other and want to concentrate your accounts with it.

OPENING AN ACCOUNT

  • An applicant for a bank account must submit a written application.
  • The application must include supporting documentation.
  • Opening an account involves a series of choices and consequences.
  • The analysis of choices and consequences is the essence of decision-making.
  • To make good decisions about bank accounts, you need good information about banks and financial institution sand the options available for your company.

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