Terms in this set (29)
The amount of money you have in your bank account.
Checks the bank has paid. They will appear on your bank statement.
A written order to the bank that tells it to take a stated amount of money from your account and pay it to another.
A handy portfolio that holds your check register, checks, deposit slips, receipts, and other ATM/debit card transactions.
A record that allows you to keep track of checks you have written, ATM/debit card transactions, as well as deposits and withdrawals.
A sum of money deposited INTO an account. You can use a credit to charge merchandise or borrow money.
A sum of money deducted from your account.
A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.
Money you put into your account.
A form you fill out to credit money to your account when you make a deposit.
Your employer automatically deposits your paycheck into your account.
To sign the back of a check made out to you so it can be cashed or deposited.
A fee paid to you for keeping your money in the account or a fee charged to you for a loan or credit card.
To write a check or make a withdrawal when there isn't enough money in the account to pay for it.
To write a future date on a check.
To "balance" your checking account with your monthly statement from the bank.
Automatic Teller Machine. Allows a customer to get out physical currency from their account
A check with "VOID" written across it that make it non-negotiable.
The monthly record of your account transactions sent to you by your bank.
Personal Identification Number needed to use an ATM card.
A card used when opening a new account that includes name, address, birthdate, etc.
The person to whom the check is made payable.
A check that has been written but not yet deducted from the person's bank account.
A deposit that has been made but not yet added to the person's bank account.
A card that allows the holder to make purchases without cash by borrowing money
A card that is loaded with a specific cash amount before you use it but then looks and works like a credit card until the full value is spent.
Person to person payment
An online process that allows you to send money directly from your checking account to a friend via email or cell phone.
Check cashing store
A business that cashes checks, giving the customer cash in exchange for a fee for the service.
the bank's accounting of your transactions
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