Checking Accounts

Front

This account allows you to withdraw money, pay a bill, or make purchases easily.

Back

Checking Account

Front

This action enters money into an account.

Back

Deposit

Front

This action removes money from an account, either at the bank or an ATM.

Back

Withdrawal

Front

This action allows movement of funds from one account to another.

Back

Transfer

Front

Orrin had $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 just cleared. This will result in which of the following fees?

Back

overdraft fees

Front

What should be written on the "Pay to the Order of" line of the check when Sherwood Bennett writes a check to Cassie Porter?

Back

Cassie Porter

Front

What should be written on the "Pay to the order of" line of the check from Jean Bernard to Frank Walton?

Back

Frank Walton

Front

Which of the following is not found on a check? Account Owner's Name & Address, Account Owner's Social Security Number, routing number, account number

Back

Account Owner's Social Security Number

Front

If a customer writes 26 checks per month, which bank will charge him the least in fees? Options: Bank A, Bank B, Bank C, Bank D

Back

Bank C

Front

What should be written on line 6? Options: the date, the amount of the check, who the check is going to, your signature

Back

your signature