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The model assumes the existence of a centrally operated main account and minimum balance policy.
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Minimum balance is £500.
"Minimum balance," he said in English — around sixteen dollars.
The minimum balance is £1, the maximum £30,000.
They don't need to keep a minimum balance in either.
In 2005, the government started pushing "no-frills" accounts that required no minimum balance.
The minimum balance for free checking on some interest-bearing accounts has fallen to $1,500 from $2,000.
I'd glance at the line that read "minimum balance due" and fill out the check.
Does the competition offer any tricks, like ties to something else that you have to do to be there, or a minimum balance, or a minimum usage?
Or they may raise the minimum balance requirements that some banks already have.
Then, there's the money to be made from that $5,000 minimum balance.
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