Online Banking

To use an online bank account you will need access to...

• An ATM

• The high street branch

• A mobile phone

• The Internet

Which of the following questions is NOT available with online banking?

• Transfer cash between accounts

• Cash withdrawal

• Order bank statements

• Set up direct debits

ATM stand for.....

• Assisted Training Machine

• Automated Teller Machine

• Assisted Transfer Machine

• Automatic Teller Machine

Online bank accounts are available...

• During office hours

• Until midnight

• Monday to Friday

• 24 hours a day

What is a direct deposit?

• Electronic cash.

• Point of sale transactions.

• Earnings automatically deposited in your bank account from a job or government agency.

What is online banking?

• Banking services that requires your signature.

• Banking through online services.

• Banking through Google Chrome.

What are smart cards?

• Debit or credit cards with a microchip.

• Debit cards you can not steal.

• Credit cards.

What type of payment is widely used more than any other?

• Credit card purchases

• Debit card

• Cash

• Checks

The best reason for depositing money in a bank or credit union savings account instead of keeping your money “under the mattress” is that

• It is insured.

• It earns interest.

• It is safer.

• It grows.

The central banking system in the United States.

• Federal Reserve

• The U.S. Treasury

• The Mint

• First National Bank of the U.S.