Opening of bank and investment accounts

Opening bank and investment accounts is a process by which individuals or entities establish financial relationships with financial institutions, such as banks or brokers. This allows them to carry out transactions, store money and allocate resources across different types of investments.

The process usually involves providing personal information and identification documents such as a passport, proof of address and financial information. Bank accounts are used for daily transactions, savings, and payments, while investment accounts are used to purchase stocks, bonds, mutual funds, and other financial instruments.

The appropriate choice of financial institutions and investment products depends on individual financial objectives and the assessment of rates, risks and returns.