Theme 6: Banking Services

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10 Terms

1
Bank
Financial institution that helps people manage their money, protect it, and make it grow.
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2
Deposit Slip
a  small paper form that a bank customer includes when depositing funds into a bank account. 
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3
Check
a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued
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4
Check Register
is a document, usually part of the general ledger, used to record financial transactions in cash
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5
ATM Receipt
a receipt issued by an ATM detailing a cash withdrawal.
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6
Checking Account
a deposit account held at a bank or other financial institution.
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7
Why balance your checkbook at the end of the month?
Reduces stress as its on time and it will lessen the amount of time it takes to complete the task.
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8
How to write a check (refer to packets in baskets)

  • Include full date

  • If no cents, xx/100 OR 00/100

  • If cents, 34/100

  • Always sign your name to validate

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9
How to write a deposit slip
  • Cash back = sign your name

  • Total items = number of checks

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10
The 3 different sets of numbers on a check

    1. Routing Number

    1. Account Number

    1. Check Number

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