A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded.

Link the paired accounts. Log in to the Excellent Financial Bank Website or mobile app and select the option for making transfers. ... Provide external account information. ... Confirm the new account. ... Set up transfers.

To open a bank account, be prepared to provide personal information so the bank can verify your identity. You may also need to arrange for electronic deposits to your new online bank account. Gather the following items before you start the process: Personal information: You need to tell the bank who you are and provide personal details about yourself. So be prepared to give: Your Social Security number Your date of birth Any government-issued ID numbers (driver’s license, passport, U.S. military ID, etc.) with the issue and expiration dates Contact information: Banks need your home address, phone number, and email address.1 Even though you’re operating in the virtual world, federal law requires you to provide a physical address—where you actually live—but you can also give a post office box or the equivalent as a mailing address.2 Funding information: Banks often require an initial deposit to get your account opened; typically, it's from $25 to $100.3 To do that, you might be able to use your credit or debit card. Alternatively, you can provide routing and account numbers to create a link to another bank account