Assuming your friend Tim wants to open a checking account he process from start to finish is:
- Choose a bank of your choice.
- Go to the bank.
- Pick the type of account you want.
- Provide all the details or information needed.
What is a checking account?
A checking account can be defined as a form of deposit account that enables the account holder to carryout transactions on the account such as deposits and withdrawals.
To open a checking account you will need the following
- Valid identity card.
- Social Security number.
- Money to deposit into the account after it has being open.
The following are the step on how to open a checking account;
- Choose a bank or financial institution of your choice.
- Go to the Bank.
- Pick the type of account you want or the type of product you want.
- Provide all the details or information needed.
- Agreed to the terms and sign.
- Deposit money into the account.
- Start making use of the Account.
Inconclusion before you open a checking account first step is to choose a bank of your choice.
Learn more about checking account here:https://brainly.com/question/26181559
