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7 August, 11:28

What is a minimum balance?

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Answers (2)
  1. 7 August, 12:00
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    In banking, a minimum daily balance is the minimum balance that a banking institution requires account holders to have in their accounts each day in order to waive maintenance fees.
  2. 7 August, 13:12
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    The minimum dollar amount that a customer must have in an account in order to recieve some sory of service, such as keeping the account open.
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