Online Banking
Can you deposit money online?
Yes
What is the difference between the numerical amount and the written amount on a cheque?
Numerical amount: 1200
Written amount: one thousand two hundred
What is the definition for "profile"
personal information such as name, phone number, and email
How long is a billing cycle?
1 month
What are the two main kinds of questions when reading?
Main idea and detail questions
Why do we use security questions?
To ensure safety while online banking
What is an institution?
Bank, school, business, etc.
The person who receives something is the _______
recipient
Name three different kinds of bills you would pay
Internet, power, water, electricity, etc.
List 5 Wh- questions.
What are the three main things you can do while online banking?
Deposit, Pay a bill, Etransfer
What is the memo line for?
Writing a message to the payee
What is a billing cycle?
List 3 things you can find on a bank statement.
Account balance, billing cycle, payment due date, etc.
What does the word "comprehension" mean?
To understand something
What will you see if you click "account activity" while online banking
You will see a list of money you have spent and received and all the details about it
What should you do with the leftover space after writing the amount of money on the cheque
Draw a line in the remaining space
What is the definition for the opposite of debit?
Credit: An increase in money
Why are bank statements important?
Multiple answers
What is the difference between skimming and reading for details?
Skimming: quick, not reading the whole thing just looking for specific things
Details: Carefully reading the whole passage to understand every detail
Name one reason why online banking is helpful and one reason why going in person is better.
Saves people time
Can't do everything online
What are the four numbers on the bottom on a cheque?
Cheque number, branch number, institution number, account number
A record of banking transactions for an account:_________
Statement
Minimum payment
What kind of question is this: Give a short summary of the passage.
Main idea