VOCAB 1
VOCAB 2
ON A CHECK
CODES
Plus or Minus
100
A bank account designed to hold funds for a short period of time.
Checking Account
100
Money that you put into your account
Deposit
100
Where do you write the amount in words?
7
100
What is the code for deposit?
D
100
If you are making a deposit, do you add or subtract?
Add.
200
Money that you take from the account
Withdrawal
200
Electronic transfer of payment from a company or organization to an employee's bank account
Direct Deposit
200
Where is the check number?
1
200
What is the code for Direct Deposit?
DD
200
If you are making a withdrawal, are you adding or subtracting?
subtracting
300
Bank account designed to hold money for a long period of time
Savings account
300
the amount of money in your account
Balance
300
Where do you sign the check?
5
300
What is the code for debit card?
DC
300
If you are using your debit card, do you add or subtract?
Subtract
400
Fee for some deposits and withdrawals
maintenance fees
400
Manage your money from a computer-make transfers, deposits, pay bills, view accounts
Online Bill Pay
400
Where is the memo line?
6
400
What is the code for ATM withdrawal?
WD or ATM
400
If you are writing a check do you add or subtract?
Subtract
500
A card used to withdraw money directly from your checking account
Debit card
500
Sum of money that is paid for the use of another's money-paid by bank to customer
Interest
500
Who's getting paid?
3
500
What is the code for check?
No code. Or Check number.
500
If you are getting a direct deposit from your job, do you add or subtract?
Add