While opening new account what amount should be in customer limit column.

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The amount in the customer limit column while opening a new account depends on various factors such as the type of account, customer's creditworthiness, and the bank's policies.

The customer limit column represents the maximum amount of credit or funds that the customer is allowed to access.
The amount in the customer limit column can vary based on the type of account. For example, a savings account may have a lower limit compared to a business account.
The customer's creditworthiness plays a crucial role in determining the limit. Customers with a good credit history may have higher limits.
The bank's policies and risk assessment also influence the customer limit. Banks may set different limits based on their internal guidelines and the customer's relationship with the bank.
It is important to consider the customer's financial stability and ability to repay before setting the limit.
Examples of customer limit amounts could be $1,000 for a basic savings account, $10,000 for a personal checking account, or $100,000 for a business account.

While opening new account what amount should be in customer limit column.

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