BANKING TRANSACTION QUIZ (MATH)

Banks charge fees for            . These include depositing, transferring and withdrawing money, writing cheques and paying bill.

• Transactions

• Electronic Funds Transfer

• Interest

• Self-service banking

• ATM's

These automated machines allow you to access money from other places

(e.g.,the convenience store). They are called __________.

• Transactions

• Electronic Funds Transfer

• Interest

• Self-service banking

• ATM's

Automated teller machines are one type of self-service banking. These are often called ________

• Transactions

• Automated Banking Machines

• Interest

• Self-service banking

• ATM's

A          account pays very little or no interest and has monthly fees and/or transaction fees

• Transactions

• Chequings

• Interest

• Self-service banking

• Savings

When you deposit money at a bank it may pay you        

• Transactions

• Chequings

• Interest

• Self-service banking

• Savings

            is another type of automated banking that includes direct deposits, automatic bill payments, and debit cards.

• Transactions

• Chequings

• Interest

• Self-service banking

• Electronic Funds Transfer

Writing a cheque is considered                                                                        

• Transactions

• Chequings

• Interest

• Self-service banking

• Electronic Funds Transfer

Telephone banking and                                                                        are two

types of automated or self-service banking.

• Transactions

• Chequings

• Online banking

• Self-service banking

• Electronic Funds Transfer

Many stores allow you to pay electronically using your bank card as a ___________

• Transactions

• Debit Card

• Playing Card

• Self-service banking

• Electronic Funds Transfer

Classify the following transactions as self-serve (can be done outside of the bank) or full-serve (need teller assistance).

PAY BILLS ONLINE

• Self-serve

• Full-serve