Choosing and Balancing a Checking Account

Created by stuchanelrp6171996 

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6 terms

ATM

Automatic Teller Machine- a bank machine that gives out cash from your account and accepts deposits around the clock

Balancing a Checking Account

calculations that are made to determine the difference between the payments from, and deposits to, a checking account

Bank

financial institution at which you can get a checking account or savings account

Bank Statement

monthly printout from your bank that shows all transactions in your account

Basic Checking Account

a no-frills checking account that offersa loe minimum opening deposit and reduced fees for students

Check

a debit against your checking account written on a paper form

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