Checking Accounts

Checking Account

• A transaction which has not cleared through the depository institution and therefore not listed on the statement.

• The person who receives a check, must sign the back of it to approve it for deposit

• Financial service used by many consumers. They can help to manage money and make paying bills more convenient.

• Where Mr. Jackson keeps his large stacks.

Check

• A piece of paper used at the time of purchase as the form of payment.

• Mailed monthly listing each monetary transaction and current account balance.

• Electronic computer terminals which offer automated, computerized banking where you can withdraw cash or deposit funds into an account.

• Debit cards require using a PIN to access the account to perform transactions.

Payee

• The person who receives a check, must sign the back of it to approve it for deposit.

• To whom a check is being written

• Place to record all monetary transactions

• Mr. Jackson

Bounced Check

• This slip, found in a checkbook, contains the account holder’s account number and allows money to be deposited into the correct account

• When the check turns into rubber.

• When a check is written for an amount over the current balance held in an account

• Debit cards require using a PIN to access the account to perform transactions.

Check Register

• Place to record all monetary transactions

• A piece of paper used at the time of purchase as the form of payment.

• To whom a check is being written

• To check how drip their fit is.

Automated teller machines (ATMs) or cash machines

• Financial service used by many consumers. They can help to manage money and make paying bills more convenient

• Plastic card which looks like a credit card, but is electronically connected to the cardholder’s bank account for purchase.

• A transaction which has not cleared through the depository institution and therefore not listed on the statement.

• Electronic computer terminals which offer automated, computerized banking where you can withdraw cash or deposit funds into an account.

Debit Card

• Debit cards require using a PIN to access the account to perform transactions.

• Mailed monthly listing each monetary transaction and current account balance

• Plastic card which looks like a credit card, but is electronically connected to the cardholder’s bank account for purchase.

• A transaction which has not cleared through the depository institution and therefore not listed on the statement.

Personal identification number (PIN)

• The person who receives a check, must sign the back of it to approve it for deposit

• Placing the opponent's shoulders on the wrestling mat for 3 seconds or more.

• A piece of paper used at the time of purchase as the form of payment.

• Debit cards requires secure code to access the account to perform transactions.

Deposit Slip

• Found in checkbook, contains the account holder’s account number and allows money to be deposited into the correct account

• A piece of paper used at the time of purchase as the form of payment.

• A transaction which has not cleared through the depository institution and therefore not listed on the statement.

• When a check is written for an amount over the current balance held in an account.

Reconcile

• To whom a check is being written

• When a check is written for an amount over the current balance held in an account

• Financial service used by many consumers. They can help to manage money and make paying bills more convenient.

• Balancing a checkbook register each month to the balance shown on the statement.