Almost every bank group with an online site will sign up a potential customer for no immediate money down. The bank does not really want the client to bother with money as of yet. Besides, why would a bank group want to charge a fee for simply signing up. It would make no business sense. But, it is a numbers game. The bank that has the person as a client is one less person available for another bank group to have as a client. Banks groups that are signing up clients online will also have little gimmicks and discounts at client companies and such just to get a person to sign up. The site is easy to use. Just fill in all of the information that is requested on each of the pages that the site presents. The signee usually must have an email address so that the bank can contact the person or provide necessary, as well as junk mail, notifications through the business day. The person signing up must genuinely take the time to read the information on the site to best understand the provisions that the bank will provide and the rules that the bank around fees and other costs. It can be very free up front and extremely costly as the relationship rolls along. These days technology easily provides for an online chat with a bank rep expert to assist the client with any questions, concerns or issues that the client might have at that point in time. The rep and the client can converse in real time like a written phone call, going back and forth until the rep has answered and resolved all of the questions the client had. The bank site will present the signee a bank account number if the transaction completes successfully. Some sites may have an electronic signature method for the client to give the client as better sense of security about the personal information given to the bank this way. Many people coo about the savings and the discounts that they received from signing up online. The signing bank may even provide the client with a promo code to use on other online sites for longer term discounts or specials the related sites and online companies may provide. But after all is said and done, the bank group is in the business of making money from the money its clients deposit with the bank. Every bank has some kinds of fees for the clientele that bank is likely to have as customers. Many banks specialize in special customers and financial vehicles that those special customers like best.
The bank will send a bank card with account confirmation information to be used in manual transactions. The card is typically mailed to the new client but the client can go to the bank building itself to get the card. If the client needs to transact and yet has no card, the sign up info given often provides the bank with one or two alternate ways to confirm that the client is truly who the client says he or she is.