Banking Terms

Front

What is the term for when your employer automatically deposits your paycheck into your bank account?

Back

DIRECT DEPOSIT

Front

What do you call a person who works at the bank and completes your transaction?

Back

BANK TELLER

Front

What is the term for taking money OUT of your account?

Back

WITHDRAWAL

Front

What is the term for putting money in the bank?

Back

DEPOSIT

Front

What do you call any action between you and the bank?

Back

TRANSACTION

Front

What is a written order directing a bank to pay a specific amount from your account?

Back

CHECK

Front

What is the term for a sum of money borrowed from a bank that is expected to be paid back with interest?

Back

LOAN

Front

What is the term for a record of all transactions in a bank account?

Back

BANK STATEMENT

Front

What is the term for a fee charged by a bank for maintaining an account?

Back

ACCOUNT MAINTENANCE FEE

Front

What is the term for a bank account that allows you to earn interest on your deposits?

Back

SAVINGS ACCOUNT