What should be the minimum balance to be maintained in personal ledger accounts?

1 answer

Answer

1216340

2026-08-02 04:25

+ Follow

The minimum balance to be maintained in personal ledger accounts can vary depending on the bank or financial institution's policies, as well as the type of account held. Generally, it ranges from zero to a few hundred dollars. Some accounts may require a higher minimum balance to avoid monthly maintenance fees or to earn interest. It's essential to check specific account terms to determine the exact requirements.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.