examiieeeiei

Question 1

some ____ have a passbook in which transaction are logged in a small booklet that thr depositor keep. (SA)

Answer 1

SAVINGS ACCOUNT

Question 2

money held under a checking account and can be withdrawn through issuance check. (C/CA)

Answer 2

CHECKING OR CURRENT ACCOUNT

Question 3

are investment placements. (TD)

Answer 3

TIME DEPOSIT

Question 4

another type of SA that is popularly used nowadays

Answer 4

AUTOMATED TELLER MACHINE (ATM)

Question 5

without a _______ the bank will not allow you to get money from your account (WS)

Answer 5

WITHDRAWAL SLIP

Question 6

a document that orders a bank to pay (C)

Answer 6

CHECK

Question 7

who makes the check (D)

Answer 7

DRAWER

Question 8

recipient of the money (P)

Answer 8

PAYEE

Question 9

the bank or the financial ins. (D)

Answer 9

DRAWEE

Question 10

monthly fee by the bank (BSC)

Answer 10

BANK SERVICE CHARGE

Question 11

cash proceeds from notes receivable (C)

Answer 11

COLLECTION

Question 12

earned by the deposit (II)

Answer 12

INTEREST INCOME

Question 13

cannot be encashed over the counter by the payee (CC)

Answer 13

CROSS CHECKS

Question 14

it was written more than a certain number of months (SC)

Answer 14

STALE CHECK

Question 15

issued by the persons, single depositor or holders of joint acc. (PC)

Answer 15

PERSONAL CHECKS

Question 16

issued by a corporation more secure than personal checks (CC)

Answer 16

CORPORATE CHECK

Question 17

issued by the bank in behalf of the client (MC)

Answer 17

MANAGER’s CHECK