How to Make a Deposit

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In order to make a deposit, it's helpful to develop a relationship with a bank. Make sure to get a receipt after making a deposit with advice from a registered financial consultant in this free video on money management.

Part of the Video Series: Money Management
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Video Transcript

This is financial adviser Patrick Munro talking about how to make a deposit. Well, when someone says how to make a deposit, that would be a deposit in a bank. And how to make a deposit is not as easy as you would think. To make a successful deposit, you have to walk into a bank that knows you. And, to know you, you really have to develop a relationship with that bank, not just be a faceless customer. When you first set up an account at the bank, make sure you're well known to them. When you go in there, greet the people, make sure they know your name. Try to go to the same teller, but recognize other tellers if they're not busy. They'll get to know you, and when they do, evidently there'll be a situation that would pop up that they need to make a judgment on your character. And because they know you, they'll err on your side, always. So, making a deposit, go in. Don't be just non-conversational with the bank. Make sure that you make your deposit, get a receipt, and always keep that relationship in mind. It's very, very key. This is Patrick Munro talking about how to make a deposit.


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