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Front

An electronic method of payment where the funds are deducted directly from the card owner's bank account.

Back

Debit Card

Front

Transactions where goods, services, or assets are traded between parties, usually involving money as a medium of exchange.

Back

Financial Exchanges

Front

The individual or entity that receives a payment from another party.

Back

Payee

Front

An individual or entity responsible for making a payment to another party.

Back

Payor

Front

A form of payment that is dated and signed by the payor, directing the payor's bank to pay a specific amount of money to the payee the check is written.

Back

Check

Front

The act of creating, altering, or imitating objects, documents, or signatures, with the intent to deceive or defraud by passing off the forged item as genuine.

Back

Forgery

Front

A method for sending funds directly and quickly between bank accounts, often used for immediate and large transactions.

Back

Wire Transfer

Front

An electronic method of payment allowing the card owner to purchase goods and services on credit.

Back

Credit card

Front

A deposit account that allows for easy and frequent cash deposits and withdrawals.

Back

Checkings account