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20 Cards in this Set
- Front
- Back
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WHAT IS AN ENDORSEMENT
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A PAYEE SIGNATURE ON THE BACK OF A CHECK
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WHAT IS A ENDORSER
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PAYEE ON THE CHECK
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WHAT IS AN ABA #
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A CODE FOUND IN THE RIGHT UPPER CORNER OF A PRINTED CHECK
ORIGINATED BY ABA IT ID'S WHERE THE BANK IS LOCATED BUSINESS CHECKS ABA WILL APPEAR WITH A SLASH |
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ELECTRONIC FUND TRANSFER SYSTEM
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MOVES MONEY WITH OUT A CHECK OR DEPOSIT SLIP
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DEPOSIT RECORD
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A SLIP GIVEN TO CUSTOMER AT THE TIME OF DEPOSIT SERVES AS PROOF
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CASHIER CHECK
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A QUARANTEED CHECK WRITTEN BY THE BANK UPON FULL PAYMENT
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BANK BOOK
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KEEPS RECORD OF THE ACCOUNT
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MICR
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PRINTED MAGNETIC INK ON CHECKS AND DEPOSIT SLIPS
1ST ID'S THE CHECK 2NDID'S THE ACCOUNT NUMBER 3RDID'S THE CHECK NUMBER WHEN PROCESSED ADDITIONAL MICR# ARE ADDED WHICH ID'S CHECK AMOUNT |
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BANK STSAEMENT
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KEEPS A RECORD OF A CHECKING ACCOUNT SHOWING:
BEGINING BALANCE DEPOSITS MADE CHECKS DRAWN CLOSING BALANCE |
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CERT. CHECK
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AMOUNT IS HELD IN CUSTOMERS ACCOUNT UNTIL CHECK IS CASHED
ACCEPTED WHEN A PERSONAL CHECK IS NOT |
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WHAT IS AN ENDORSEMENT
|
A PAYEE SIGNATURE ON THE BACK OF A CHECK
|
|
|
WHAT IS A ENDORSER
|
PAYEE ON THE CHECK
|
|
|
WHAT IS AN ABA #
|
A CODE FOUND IN THE RIGHT UPPER CORNER OF A PRINTED CHECK
ORIGINATED BY ABA IT ID'S WHERE THE BANK IS LOCATED BUSINESS CHECKS ABA WILL APPEAR WITH A SLASH |
|
|
ELECTRONIC FUND TRANSFER SYSTEM
|
MOVES MONEY WITH OUT A CHECK OR DEPOSIT SLIP
|
|
|
DEPOSIT RECORD
|
A SLIP GIVEN TO CUSTOMER AT THE TIME OF DEPOSIT SERVES AS PROOF
|
|
|
CASHIER CHECK
|
A QUARANTEED CHECK WRITTEN BY THE BANK UPON FULL PAYMENT
|
|
|
BANK BOOK
|
KEEPS RECORD OF THE ACCOUNT
|
|
|
MICR
|
PRINTED MAGNETIC INK ON CHECKS AND DEPOSIT SLIPS
1ST ID'S THE CHECK 2NDID'S THE ACCOUNT NUMBER 3RDID'S THE CHECK NUMBER WHEN PROCESSED ADDITIONAL MICR# ARE ADDED WHICH ID'S CHECK AMOUNT |
|
|
BANK STSAEMENT
|
KEEPS A RECORD OF A CHECKING ACCOUNT SHOWING:
BEGINING BALANCE DEPOSITS MADE CHECKS DRAWN CLOSING BALANCE |
|
|
CERT. CHECK
|
AMOUNT IS HELD IN CUSTOMERS ACCOUNT UNTIL CHECK IS CASHED
ACCEPTED WHEN A PERSONAL CHECK IS NOT |
