the memo line on a check is used for what
What is a brief explanation of the purpose of the check?
A computer terminal used to conduct business with a financial institution or purchase items such as postage stamps or transportation tickets; also known as a cash machine.
What is an ATM?
A written order directing a bank or credit union to pay a person or business a specific sum of money.
What is a check?
The ability to borrow money from a financial institution, with the understanding that you will pay it back later.
What is credit?
this is used to add funds to your bank account
What is a deposit slip?
provides access to your electronic funds transfer (EFT) from an automated teller machine (ATM) or a point-of-sale (POS) terminal.
What is a debit card?
A legal filing status of an individual or entity that cannot repay their outstanding debts.
What is bankruptcy?
the money a bank pays you for depositing money into a savings account. It's a way for the bank to compensate you for lending them your money.
What is interest?
A great feature to use my bank for specific goals, like a vacation or emergency fund.
What is a savings account?
I would request this when wanting to take money out of my account at the bank
What is a withdrawal slip?
The two sets of numbers located on the bottom of your check
What are your account and routing numbers?