Banking Terminology and Concepts

What is the number used to identify your unique account within the bank

• Amount in Numbers

• Account Number

• Payee

• Check Number

What definition matches the term Amount in Words

• The numerical amount of the check

• The amount of check in written words

• Sign all checks the way you sign the signature club

• The number used to identify a specific check

Check Number is the number used to identify a specific check within the sequence of the register. Including 3 or 4 digits.

• True

• False

Amount in Words is the number used to identify your unique account within the bank.

• True
• False

Which definition matches the term date?

• Includes the month, day and year you are writing the check

• A person to whom a check is written

• A check written with a date that will occur in the future

What is a check that a bank refuses to cash?

• Dishonored Check

• Memo line

• Post-dated check

• Routing Number

Uses this area to note the reason for the check, or to write the accoount # of the bill you are paying.

• Memo Line

• Payee

• Paycheck

• Routing Number

What definition matches the word payee

• A person to whom a check is written

• A check written with a date that will occur in the future

• The numerical amount of the check

• Check that a bank refuses to cash

Post-dated check a check written with a date that will occur in the future

• True
• False

Routing Number

• The amount of check in written words

• A check written with a date that will occur in the future

• The nine digit string of numbers used to indentify your bank to process the transaction

• Sign all checks the way you sign the signature card.