Fees
a fee you get if you go under your bank balance
overdraft fee
Two cards you can be given to access your funds
Debit & Credit Cards
What is Joint Account?
Check
Disclosure of account information can only be given with ______
Your written permission
if you owe debt to any affiliates we have the right to take it
Set off
Name of account with only one listed owner
Solely owned account
The type of account ownership may determine how your funds are paid.
What is Personal Account
An automatic electronic deposit into your account
Direct Deposit
Links your checking account to a back up account to help pay overdraft
Overdraft Protection
How many times can you withdraw from your saving before you get fees
6
True or False: The bank has the right to refuse deposit at any time
True
A bank account that earns interest
What is Savings Account
The amount of items in a business day that can exceed your balance
Overdraft
Uses money directly from your checking account
Debit card
True or False
you still pay a fee even if it will put you in negative balance
True
Accounts listed as business cannot be used in _______ transactions
Personal
This is when you manage your account with a computer of mobile device
What is Online Banking
The total money you have in your account
Present Balance
This is where your money is kept
What is an Account
a list of the fees you will get that show when your fees are
scheduled fees
An interest - bearing account at a bank or credit union
What is Money Market Account
When you have a negative bank account
Overdrawn
what should you do when you cancel your account
destroy it