Banking Terms
All about Check Registry
banking accounts
Deposit Slips
Banking need to know
100

The person who writes the check.

Who is the Payor?

100

Who the check is paid to.

What is the Payee? 

100
If you like to take out money a lot, what account fits you?
Checking account
100
Anderson Ford and Jones Trucking should be listed on what part of the deposit slip?
Checks to be deposited
100
How long can you have a bank account?
Forever
200

The money in your accounts.

What is a balance?

200
Where do you place the amount of the check written?
Check/Deposit amount
200
You want an pay someone and do not have enough money, what can you do?
Write a check
200
What are your numbers called listed on the bottom of a deposit slip?
Routing number and account number
200
How many and what kinds of ID do you need to open a bank account?
2 with a drivers license and a birth certificate
300

A bank card that pulls your own money out of your account.

What is a debit card?

300
A way to keep track of who you wrote checks to.
What is a check number on the check registry?
300
Can a student at the high school have a checkings account?
Yes
300
Should you tell people your account number?
No
300
How old do you have to be to have or open your own bank account?
18 years old
400

A fee for using services the bank provides. 


What is service charge?

400
What does the balance on a check registry mean?
It means how much money is left in your checkings account.
400
What type of account use checks?
Checkings account
400
Cash money can be withdrawed using the _______________ of a deposit slip.
What is "Less cash received"
400
Should you try to keep money in a saving account or take it out when ever you need it?
Try to save it
500

The first set of numbers on the bottom of a check that identifies the bank?

What is the routing number?

500
What is the name of the column listed on a check registry to remember exactly when a check is written?
The Date column
500
How does a good checkings account help a young person?
It helps his/her credit.
500
What is a deposit slip used for in banking?
To deposit money into your checkings account.
500
checks, check registry, deposit slip.
What are the three parts of a checking account?checks, check registry, deposit slip.
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