You will be receiving the chequebook at the time of opening your check account. Prior to opening an account, you should know what kind of account you are willing to open should know what kind of account you are willing to open.

To open an account, choose a bank that is insured (Up to $100,000 of your deposits) by the federal deposit insurance corporation or the federal savings and loan insurance corporation. Chose a bank that has a reputation for stability. Convenience is also a factor. Many large banks have branches everywhere. But small banks can offer personalized service and a friendly atmosphere--and sometimes lower fees.

Important things to consider as you shop for a bank account include

1. Convenience: bank location, disability access and services, hours;
2. Interest: does it pay interest on the balance;
3. Electronic services: if you think you will use them;
4. Check clearing: what are the policies;
5. Pricing: account charges, fees for checks, services or problems;
6. Other useful services: such as link-up with savings, charge cards, financial counseling;
7. Personal relationship: courtesy, support services.

Things to ignore as you shop for bank account are

1. Advertising campaigns and promotional offers
2. Interest calculating methods on interest-bearing accounts
3. Prestige (image isn't important, service is).