100 200 300 400 500 100 200 300 400 500 100 More bankingChecks, etc. Check types ServicesMisc. Banking Banking Services Game.

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Presentation transcript:

More bankingChecks, etc. Check types ServicesMisc. Banking Banking Services Game

The Answer is: A personal check that has been stamped and signed by a bank officer

The Question is: What is a Certified Check?

The Answer is: A bank’s own check, signed by the bank

The Question is: What is a Cashier’s check?

The Answer is: A check that draws on the money of the bank or other financial business that issued it

The Question is: What is a Money Order?

The Answer is: Checks that are paid for in advance, and if they are lost or stolen, the company you purchased them from replaces them

The Question is: What are Traveler’s checks

The Answer is: A n electronic communication that moves money from an account in one bank to an account in a different bank immediately

The Question is: What is a Wire Transfer

The Answer is: A box with individual locks that you can rent from a bank to store your valuables; located in the bank’s vault

The Question is: What is a Safe Deposit Box

The Answer is: A copy or photograph of a check that is returned to you with your statement

The Question is: What is a Cancelled Check

The Answer is: A statement sent by the bank each month showing all your transactions and bank fees

The Question is: What is a Bank Statement?

The Answer is: Bank’s moving of money from one account to another by computer

The Question is: What is a Electronic Funds Transfer

The Answer is: Check that is returned for lack of sufficient funds

The Question is: What is a Bounced Check?

The Answer is: A computer terminal that is used to deposit, withdraw, or transfer money between accounts

The Question is: What is an ATM?

The Answer is: A secret number that identifies you to the ATM as the holder of the card

The Question is: What is a Personal Identification Number (PIN)

The Answer is: An endorsement that specifies the entire check amount is to be deposited

The Question is: What is For Deposit Only

The Answer is: Writing a check for more money than you have in your account

The Question is: What is Overdrawing

The Answer is: A check that is signed by the payee on the back of the check when it is cashed or deposited

The Question is: What is An Endorsed Check?

The Answer is: Requesting employers to deposit employees paychecks directly into their accounts on payday

The Question is: What is Direct Deposit

The Answer is: A card that operates like an electronic check. The amount is electronically transferred from your checking account to the store’s account.

The Question is: What is a Debit Card?

The Answer is: Bill payments that are automatically paid from your bank account on a regular basis

The Question is: What are Automatic Withdrawals?

The Answer is: The law that requires banks to inform customers of fees associated with EFTs

The Question is: What is EFTA Electronic Funds Transfer Act

The Answer is: Fee charged by banks each month regardless of transactions

The Question is: What is a Maintenance Fee?

The Answer is: Amount charged by banks for each check you write or each ATM transaction

The Question is: What is the Service Fee?

The Answer is: paper money and coins

The Question is: What is Currency?

The Answer is: An order to a bank to pay a specified sum to the person or business named on the check

The Question is: What is a Check?

The Answer is: The person or business name to whom the check is written.

The Question is: What is Payee?

The Answer is: A booklet that accompanies your checks so that you can record transactions

The Question is: What is a check register?