2007-07-07 18:06:41 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Yes, you can. However, a law was passed a few years ago which states the following:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
There are a list of several checking accounts online at bankrate.com
2007-07-07 19:02:02 · answer #1 · answered by Richard_CA 4 · 1⤊ 0⤋
Yes you can! As a matter of fact, some non-traditional institutions charge less in the way of fees and offer more in the way of interest when you do so. Check out www.ingdirect.com where you can earn 4%.
2007-07-07 18:38:54 · answer #2 · answered by labmuttmix 5 · 0⤊ 0⤋
It depends on the bank, more and more of them are doing that now. I think WaMu just started doing it, and there's also ING. ING is a great online bank, I'm getting 4% on my checking account
2007-07-07 18:40:18 · answer #3 · answered by Joe 4 · 0⤊ 0⤋
Depends on the bank and if you already have an account with them. Because of identify theft problems most banks want to see you in person and see a picture ID for new accounts.
2007-07-07 18:32:41 · answer #4 · answered by oldcorps1947 6 · 0⤊ 1⤋
sure can. WellsFargo is a great way to go...
2007-07-07 18:10:34 · answer #5 · answered by karmakid 1 · 0⤊ 0⤋