Book Stuff Literally So Boring Flashcards
1
Q
What is service charges
A
Fee you pay to buy service provided by bank
2
Q
What is a cheque register
A
Book with space for you to note detail of every transaction in chequeing or combination or combination account
Note of money changes
3
Q
What is a paperless deposit
A
Deposit slip completed by debit card, enter pin, pin pad
4
Q
What is a hold on a cheque you deposit
A
Delay before you take money being deposited, gives bank time to make sure cheque is good
5
Q
What does endorse mean
A
Signing on the back
6
Q
What is a cheque
A
-Written order to the bank to pay certain amount of money from account
7
Q
What is a direct deposit
A
-money owned to you is electrically put
8
Q
What is interest
A
Fee charged or paid for use of money
