How much does it cost to open a bank account?

Most of the banks have different requirements and price-lists for their services. Some banks have a fixed fee for account opening, which may vary from 20 EUR to 5 000 EUR, while some banks require to make an initial deposit, which must remain on the account as long as it is active. The volume of initial deposit may be from 7 000 EUR to 2 000 000 EUR, depending on the bank.