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Basic Banking: Opening a Bank Account

  Рет қаралды 363,546

FUEL

FUEL

8 жыл бұрын

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Over 60% of the adult population in South Africa does not have a bank account. Financial independence isn’t just empowering, it promotes upward mobility and is a catalyst for real social change. This animated series offers a practical introduction to the fundamentals of banking, so that the first step to true independence can be taken.
Opening a bank account is the first step towards financial security. This second module in Basic Banking covers how to open a bank account and how to use it on a regular basis.

Пікірлер: 286
@alexslusher16
@alexslusher16 7 жыл бұрын
It's amazing how our society can make paper & plastic so important in our lives.
@jrc2976
@jrc2976 5 жыл бұрын
Vader Casy fuck off
@technohelper4855
@technohelper4855 5 жыл бұрын
@@jrc2976 fuck off
@lucasliam8238
@lucasliam8238 5 жыл бұрын
Bills aren’t straight up paper. In America it is a more durable mix of paper and cloth. The mix is actually very useful, like when you leave money in clothes that you put through the washing machine.
@mmarr986
@mmarr986 4 жыл бұрын
Would you rather be trading cattle?
@theduude3867
@theduude3867 4 жыл бұрын
Ok boomer
@irvintoribio1535
@irvintoribio1535 4 жыл бұрын
School could neva
@THETOPIKZ
@THETOPIKZ 4 жыл бұрын
right
@anna-zc1cb
@anna-zc1cb 3 жыл бұрын
I-
@anna-zc1cb
@anna-zc1cb 3 жыл бұрын
You killed this bro 💀😂
@samarialoves3902
@samarialoves3902 3 жыл бұрын
Facts like this is the tings there suppose to be teaching.
@brianxxx2143
@brianxxx2143 3 жыл бұрын
😭😭😭
@ineedamonk5654
@ineedamonk5654 3 жыл бұрын
My parents make it sound like the most difficult and dangerous thing to do. Yet it's simple.
@haturbokmuffer
@haturbokmuffer 3 жыл бұрын
Innedamonk same.... Just be stuborn to them they just egotistic... Im here if you need help
@nglbread1510
@nglbread1510 3 жыл бұрын
@@haturbokmuffer do you want bread?
@haturbokmuffer
@haturbokmuffer 3 жыл бұрын
What
@Mm-pz9wo
@Mm-pz9wo 3 жыл бұрын
Lol same dude same
@ASMRyouVEGANyet
@ASMRyouVEGANyet 2 жыл бұрын
If mean, if you open up an account that charges a lot of fees and you don't read youe contract then yeah, it can ruin your life and make it to where you cannot open an account ever again.
@narukunn5152
@narukunn5152 5 жыл бұрын
I’m pretty slow so I have to watch this 100 more times to fully understand it.
@iamaaron____
@iamaaron____ 5 жыл бұрын
Goku- San hahaha🤣
@TOOxPHONKEE
@TOOxPHONKEE 5 жыл бұрын
Same
@slump6982
@slump6982 4 жыл бұрын
Same
@kzvnq
@kzvnq 4 жыл бұрын
I guess we're all kids tryna open up our first bank account
@farahyuck4836
@farahyuck4836 4 жыл бұрын
Same
@user-wy1ys8xf6l
@user-wy1ys8xf6l 3 жыл бұрын
8th graders in my school are worried about drama while I’m doing this😅 wish them the best in life
@Carissuh
@Carissuh 2 жыл бұрын
Good for you! You're on the right track
@solidwaterslayer
@solidwaterslayer 4 жыл бұрын
im 20 bout to get job learning how to do adult shit didn't get this shit in school please help mee
@winkydinkytoodlesnoot8141
@winkydinkytoodlesnoot8141 3 жыл бұрын
right, i’m 18 and i still don’t know how to do this shit and my mom won’t teach me :’)
@haturbokmuffer
@haturbokmuffer 3 жыл бұрын
Guys IF YOU BORN IN POOR AND MIDDLE CLASS PARENTS DONT LET THEM POISON YOUR MIND IM ALREADY 16 I HAVE A PLAN TO BE RICH AND I WILL REBEL TO MY PARENTS, SO NO MORE TOXIC PEOPLE TO MY LIFE. THEY DIDNT TEACH ME EVERYTHING THEY KEEP LYING AND DENYING EVERYTHING. I JUST LEARN THIS TO MYSELF, MY FAMILY DIDNT DO EVERYTHING FOR ME, THEY ONLY GIVE BASIC NEEDSS BUT NOT ADVANCED RESOURCES, RESPONSIBILITY. Edit:im tired of being silent all the time sorry guys for saying this things, im burst out my frustration through telling someone things.. Someday we will change this toxic,corrupted world I keep researching on things that i can do right now. Pls tell me guys whats your solutions and advice to this and also tell me your problems i want someone to speak to me and understand.
@adammontanez2039
@adammontanez2039 3 жыл бұрын
Try ally bank
@solidwaterslayer
@solidwaterslayer 3 жыл бұрын
@@adammontanez2039 y?
@sg5sd
@sg5sd 3 жыл бұрын
Same... But I'm nearly 19 I need to learn this adult stuff ASAP
@guineapigsnthings
@guineapigsnthings 3 жыл бұрын
People watching this for school: Urggggggggg, I hate this, this is so boring People not watching this for school: *They need to start teaching this in schools.*
@michmyers73
@michmyers73 5 жыл бұрын
71,000 views and only 953 likes? I think people sometimes just forget to like whatever actually helps them most after all the other channels beg for likes.
@sinestro1136
@sinestro1136 4 жыл бұрын
Well that’s just how youtube works I guess. Anyways, views and comments are the only important ones
@samtoosick
@samtoosick 3 жыл бұрын
STOP THE POLITICS
@Mm-pz9wo
@Mm-pz9wo 3 жыл бұрын
It’s 4.3k rn
@willieworthey1277
@willieworthey1277 4 жыл бұрын
I teach and would love the have all of the modules for a financial management class. This was simple and thorough! Thank you!
@fuel3492
@fuel3492 4 жыл бұрын
Hi Willie, please can you send us your contact details to get in touch? You can pop an email through to info@fuelonline.co.za. Thanks!
@tartsstealth4186
@tartsstealth4186 7 жыл бұрын
This is very helpful, thank you.
@shy0809
@shy0809 2 жыл бұрын
This helped me so much, I understand now. I appreciate you and the time you put in this video! You’re awesome. Thanks.
@someonewhohasanarmpitfetis7975
@someonewhohasanarmpitfetis7975 2 жыл бұрын
Living in the country side on a third world country, I can say that nobody relies on bank accounts. Everybody just stores their earnings on a physical wallet. I'm close to turning 21 without knowing how this stuff works since nobody taught me.
@jeffinjoseph8916
@jeffinjoseph8916 2 жыл бұрын
You have very good grammar for someone who lives in the countryside in a third world country my guy
@carlacakez3505
@carlacakez3505 2 жыл бұрын
Same,none in my family have any cards like this that's why im learning on my own.
@Leon-fh8gm
@Leon-fh8gm 4 жыл бұрын
I just want to send my friend money on cash app🙁
@KimberlyGarcia-bt8mv
@KimberlyGarcia-bt8mv 4 жыл бұрын
Leon SAME!!!
@neha4576
@neha4576 4 жыл бұрын
Send me also please 😁😔
@kristineee1217
@kristineee1217 4 жыл бұрын
ong😭😭
@PebblepantsTV
@PebblepantsTV 3 жыл бұрын
same bro
@hausofone
@hausofone 6 жыл бұрын
Great info. I wish It felt less like I was in school though.
@a.m.a9332
@a.m.a9332 4 жыл бұрын
This sounds confusing. I have autism and I'm trying to open an account for myself
@MegaMalenas
@MegaMalenas 4 жыл бұрын
Don't worry!. I don't have autism but it can be confusing for many including me. My son has autism and my sister helped him out to open up his checking account and credit card. I don't understand what he's saying? As far as I know debit is when you have money in your checking account, you pay with it for you have available money. You can also cash out at any store or ATM. That's why they ask you if you want any cash back? A credit card is only the credit amount used allotted by a credit card company. i.g. Visa, Master Card. My son as a college student & he qualified for $1000. the first time. You can use them as you need, but you have to make monthly payments or can be paid in a lump sum. As far as I know you can not put money into any of these two credit cards account unless you want to pay them off. Never close a credit card account for it will drop your fico scores. Just tell them that you just want to pay it off but you want the account to stay open.. High fico scores will get you a better interest rate if you apply for a car loan or a house. I hope I didn't confuse you? Best of luck!!
@a.m.a9332
@a.m.a9332 4 жыл бұрын
@@MegaMalenas thanks for the help. I got parts of it but my older sister said that she will help me open one
@MegaMalenas
@MegaMalenas 4 жыл бұрын
Jayjay500 Mangal Wonderful!! Have someone dear & close to you to guide you. Best of luck!!
@a.m.a9332
@a.m.a9332 4 жыл бұрын
@@MegaMalenas aww thank you 🤗
@KingRaccoon-ze5rn
@KingRaccoon-ze5rn 4 жыл бұрын
Anti-vaxxers be like: Vaccines
@stefinaweasley1514
@stefinaweasley1514 2 жыл бұрын
A decent enlightening post that you have shared and appreciate your work for sharing the data. I value your endeavors and all the best. Praise your work and continue sharing your data.
@MK-wt2sp
@MK-wt2sp 5 жыл бұрын
Don't forget to give the Nigerian prince money so he can wire more to you!
@NEVERMIND-io5mp
@NEVERMIND-io5mp 4 жыл бұрын
When you borrow money from a bank it's debt not debit*
@nglbread1510
@nglbread1510 3 жыл бұрын
-_- no one cares
@NEVERMIND-io5mp
@NEVERMIND-io5mp 3 жыл бұрын
@@nglbread1510 good for you no one...
@wala_lagi
@wala_lagi 3 жыл бұрын
Definitely more important than y=mx+b 🙄
@lexishere378
@lexishere378 6 жыл бұрын
This is very helpful! Thank you!
@robertnambong1222
@robertnambong1222 2 жыл бұрын
I wanna learning more about transation account,thanks for explanatian specificly
@nolifezay4636
@nolifezay4636 2 жыл бұрын
Open checking and savings account. Being info papers, look for account fees they charge. Get debit card.
@meshachdennis3355
@meshachdennis3355 Жыл бұрын
Thanks for the understanding
@marcopolo2418
@marcopolo2418 2 жыл бұрын
This is like super basic lol Not what I was looking for but nonetheless it is probably very helpful for many people. So thank you 👍
@elizabethstogner5697
@elizabethstogner5697 5 жыл бұрын
Can you open more than one account?
@iamaaron____
@iamaaron____ 5 жыл бұрын
Lacrosse Llama yes
@millyhilly2664
@millyhilly2664 4 жыл бұрын
Girl you’re everywhere...like we watch the same vids
@bannanasworstenemy5585
@bannanasworstenemy5585 3 жыл бұрын
Sooo I’m gonna get a bank account tomorrow at the age of 15 and you litterly just saved my life thank you so much
@brainobservationpuzzle3206
@brainobservationpuzzle3206 2 жыл бұрын
It helps me very much to understand banking system and particularly how to open a bank account
@ugctrix2960
@ugctrix2960 4 жыл бұрын
So you can open either a transaction or savings account but the only difference is that saving acc gives u more interest? so what’s the point of a having transaction account?
@Isedteaa
@Isedteaa 5 жыл бұрын
What about a kid account
@masterham3120
@masterham3120 3 жыл бұрын
No, you have to be of age
@funkystyle7249
@funkystyle7249 2 жыл бұрын
This is so fucking useful for beginners.
@elianasmith6330
@elianasmith6330 2 жыл бұрын
Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.
@jjoriginal9283
@jjoriginal9283 4 жыл бұрын
I am 17 so I need to know
@jayendramarathe9431
@jayendramarathe9431 3 жыл бұрын
Best explanation can you explain more things like these way only like how to open bank account
@baldguy6966
@baldguy6966 2 жыл бұрын
Im about to open one up thanks for the info school don't teach this stuff to us
@danielyoung5428
@danielyoung5428 5 жыл бұрын
Wow. This is a really helpful video. Very recommendable
@RoyalSouls
@RoyalSouls 2 жыл бұрын
Thank you for this. It's such an easy way to learn about banks and such.
@lesediramogale2480
@lesediramogale2480 3 жыл бұрын
thank you
@montogomery478
@montogomery478 Жыл бұрын
Still was so simplistic, it helped a lot thanks!
@vverlaine
@vverlaine 5 жыл бұрын
Ok im saving up to buy something. But i also need to earn money.. im interested in doing something like selling or commissions online. So how do i do it? I dont know how :/
@crystal-ms6le
@crystal-ms6le 3 жыл бұрын
Same, I want to sell things online and the money will go to a bank account where I can spend the money on the things that I want or need
@bloomprinceton
@bloomprinceton 7 жыл бұрын
Great info!
@malimations
@malimations Жыл бұрын
Bless 🙏
@zapperz83
@zapperz83 4 жыл бұрын
Good teaching
@Nightcoremusickiller
@Nightcoremusickiller 6 жыл бұрын
Is there an age requirement for opening a bank account? I'm a fourteen, an I qualified?
@Karolynmariee
@Karolynmariee 5 жыл бұрын
Nightcore music killer I think the account would be under your parent’s name until you turn 18, but I’m not 100% sure
@THETOPIKZ
@THETOPIKZ 4 жыл бұрын
@Don’t Worry oh fr?
@THETOPIKZ
@THETOPIKZ 4 жыл бұрын
@Don’t Worry oh that's good I'm still learning about this type of stuff so I can tell my parents about it and I'm also 16.
@zthelocking5656
@zthelocking5656 2 жыл бұрын
@@THETOPIKZ if you know about investing then you are set
@ASMRyouVEGANyet
@ASMRyouVEGANyet 2 жыл бұрын
You can open an account and 14 but it will be under your parents name until you become 18
@BigBoyKDGaming
@BigBoyKDGaming 5 жыл бұрын
you used very good detail in the video
@paigeali83
@paigeali83 5 жыл бұрын
Really great video! Thank you so much!
@tanusrirajaswamy6591
@tanusrirajaswamy6591 3 жыл бұрын
Really helpful info to be known
@hxn863
@hxn863 5 жыл бұрын
Hy what does transaction means ??¿
@THETOPIKZ
@THETOPIKZ 4 жыл бұрын
this video was really helpful and detailed thanks so much!
@Ariijiina
@Ariijiina 2 жыл бұрын
Thank you so much sir this video is really helpful to everyone
@leadbusinesssolutions64
@leadbusinesssolutions64 3 жыл бұрын
make more vedios , worth it man
@shrutiagrawal19
@shrutiagrawal19 3 жыл бұрын
Please give the steps on how to make this kinda ppt I need for a school project!!
@alimpxctVEVO
@alimpxctVEVO 3 жыл бұрын
Help me a lot
@khalilhouston6816
@khalilhouston6816 2 жыл бұрын
thank you so much i needed this.
@kira5861
@kira5861 3 жыл бұрын
lmao came here because I was never taught this💀😭
@WaayaAragAcademy
@WaayaAragAcademy 5 жыл бұрын
Thank you its great and helpful vedio
@renushah1866
@renushah1866 3 жыл бұрын
Excellent job done✌✌✌✌
@t.d.n1646
@t.d.n1646 5 жыл бұрын
Thank you so much for the info
@Isaac-gh5ku
@Isaac-gh5ku 4 жыл бұрын
Is opening a bank account varies from bank to bank, and country to country?
@malachipenalver8436
@malachipenalver8436 2 жыл бұрын
Thank you for the good lesson.
@aprs8th815
@aprs8th815 3 жыл бұрын
Is there any way to get ATM card with savings account
@yourone906
@yourone906 5 жыл бұрын
I travel a lot what type of bank account should I do
@oldcartoons7094
@oldcartoons7094 2 жыл бұрын
Amazing video!!
@lotterackim9226
@lotterackim9226 3 жыл бұрын
#hirefrank3 helped my family
@SHOOKGAMING
@SHOOKGAMING 3 жыл бұрын
Thanks for the info
@dope9319
@dope9319 5 жыл бұрын
How do I send the money?
@theoriginaltoastedbagel565
@theoriginaltoastedbagel565 4 жыл бұрын
ATM
@OceanPierce-Shimomura
@OceanPierce-Shimomura Жыл бұрын
use wants to save my money and rants helps other people
@jaxonmcalley
@jaxonmcalley 9 ай бұрын
Wait. Credit = Deposit? Am I losing it or am I right?
@LearningZoneLanguages
@LearningZoneLanguages 6 жыл бұрын
Great video
@fuel3492
@fuel3492 6 жыл бұрын
Thank you!
@prpl__5115
@prpl__5115 6 жыл бұрын
FUEL but how to put more money on a transaction account? Do u need to give it to the bank in cash or what? :\
@coryxeditss2242
@coryxeditss2242 4 жыл бұрын
so why does school not teach us this?
@NAZRULISLAM-kz6yc
@NAZRULISLAM-kz6yc 3 жыл бұрын
Cuz the education system likes to waste students time
@makohaworth8795
@makohaworth8795 3 жыл бұрын
@@NAZRULISLAM-kz6yc because it’s common sense and it would take up 1 lessons which you would forget. You do it in your own time thus this video
@fintechzone2738
@fintechzone2738 6 жыл бұрын
Online banking services Online services grant you the ability to supervise your business more economically and efficiently.
@francescakray233
@francescakray233 2 жыл бұрын
Thank you. 🙂
@varshasekar3232
@varshasekar3232 4 жыл бұрын
Super
@itsurgirlcharlene
@itsurgirlcharlene 5 жыл бұрын
This was helpful
@mr.csa.official
@mr.csa.official 4 жыл бұрын
Good explanation
@tisyaoktaviani8573
@tisyaoktaviani8573 5 жыл бұрын
excuse me, what kind of accent that you use?
@innocentkrikz
@innocentkrikz 5 жыл бұрын
He's a African what do you expect?
@tisyaoktaviani8573
@tisyaoktaviani8573 5 жыл бұрын
@@innocentkrikz copy, thank you. I'm still studying English and try to learning through all the accents people around the world. this is the new one for me :D
@humsisingh
@humsisingh 5 жыл бұрын
Nice video. It is very helpful.
@varshasekar3232
@varshasekar3232 4 жыл бұрын
Pranav
@ScottYTOfficial
@ScottYTOfficial 3 жыл бұрын
i was sent here for math work
@adarshpathak9998
@adarshpathak9998 6 жыл бұрын
Thanks Very Helpful
@ritukumari9306
@ritukumari9306 5 жыл бұрын
Really useful tnks too u 😀
@lsd4328
@lsd4328 3 жыл бұрын
Good info
@kamalsidhu7454
@kamalsidhu7454 3 жыл бұрын
Nice video
@apsara5758
@apsara5758 4 жыл бұрын
Next video
@UsefulLeaf
@UsefulLeaf 5 жыл бұрын
How old do you have to be to get a savings account
@kingstonmrse4154
@kingstonmrse4154 4 жыл бұрын
Alexander Valencia any age. I’m guessing your a minor though so you’ll have to have a sort of joint account with your parent or guardian. Talk to your parents and research a bank that suits you
@Sapphirethedog2024
@Sapphirethedog2024 9 ай бұрын
I am 13 year old how old need to be??
@deepstblu3
@deepstblu3 4 ай бұрын
1st. You need your parents permission to open an account. 2nd. Don't comment your age on the internet please.
@epix4300
@epix4300 3 жыл бұрын
10/10 video
@dannyperez4463
@dannyperez4463 4 жыл бұрын
Who’s here cause they gotta sugar daddy or sugar mama😭
@twitchqNaze
@twitchqNaze 4 жыл бұрын
Me😂😂😂💯
@reemhassan3513
@reemhassan3513 3 жыл бұрын
Literally me
@owen-nd7om
@owen-nd7om 5 жыл бұрын
Saving accounts interest rates are a joke
@dasanapradeepsingh6045
@dasanapradeepsingh6045 6 жыл бұрын
Nice
@user-yp2ku2fh9g
@user-yp2ku2fh9g 10 ай бұрын
Good
@edithramirez6830
@edithramirez6830 2 жыл бұрын
I gotta figure this myself Bc my parents don’t have the patience to help me :)
@izeah2581
@izeah2581 4 жыл бұрын
Plastic has money
@therealhelmholtz
@therealhelmholtz 4 жыл бұрын
I'M HERE FROM MR. PEDRO MARTINEZ! JFK HIGH SCHOOL CLASS OF 2024!!!
@vvrtetrions3291
@vvrtetrions3291 3 жыл бұрын
Kk thanks
@onca6742
@onca6742 2 жыл бұрын
I feel like we’ve all been taught but we just never pay attention
@darshanasingh6039
@darshanasingh6039 5 жыл бұрын
bank account ko open kerene ka video bhej
@mysseraefim7852
@mysseraefim7852 5 жыл бұрын
I'm going to be 14 in 3 months and I don't have a bank account :T
@Messoro
@Messoro 5 жыл бұрын
I'm 14 and I still don't have one either ;-;
@ImANiceGamer
@ImANiceGamer 5 жыл бұрын
Why would you want a bank account at 14
@mysseraefim7852
@mysseraefim7852 5 жыл бұрын
Heema Galab because I don't wanna be broke..?
@vikasrai2003
@vikasrai2003 7 жыл бұрын
Account open krne me Kiya Kiya lgta ha or ma 17 year ka hu Kiya Mera account open ho skta ha kitna amount lgenge
@snakyd6880
@snakyd6880 2 ай бұрын
Si alguien lee esto estoy aquí por una tarea 👍
@kingsleyjones1713
@kingsleyjones1713 4 жыл бұрын
I lost............
@3000lies
@3000lies 2 жыл бұрын
Wow ok
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