Checking Accounts Review

Consists of check, currency, or coins put into a bank account

• direct deposit

• ATM

• deposit

• PIN

A deposit account held at a bank that gives you convenient access to you money

• check

• checking account

• check register

• ATM

Amount of money you have in your account

• deposit

• check

• check register

• balance

From you bank, lists all activity in your account

• bank statement

• balance sheet

• ATM

• check register

To compare your check register with your bank statement to make sure they agree

• check

• balance

• reconcile

• check register

Internet banking allows you to view your account, pay bills, and transfer money any time

• online banking

• ATM

• transferring funds

• service fee

A deposit electronically transferred from your employer's checking account to your checking account

• deposit

• direct deposit

• online banking

• check

A paper document directing a bank to deduct money from your checking account and make a payment to the person named on the check

• check register

• ATM

• balance

• check

Changes by a bank, for services rendered, to your account

• PIN

• service charge

• check

• helping charge

The ATM can be used for making withdrawals or deposits to your account.

• True

• False