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  If a checkbook, ATM, and/or debit card becomes lost or stolen  Immediately report it to the financial institution  File a report with the police.

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Presentation on theme: "  If a checkbook, ATM, and/or debit card becomes lost or stolen  Immediately report it to the financial institution  File a report with the police."— Presentation transcript:

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2   If a checkbook, ATM, and/or debit card becomes lost or stolen  Immediately report it to the financial institution  File a report with the police  Reported lost/stolen checkbook:  Financial institutions generally do not hold the account holder liable for any fraudulent charges Checking Account Safety

3   Within 2 business days  Cardholder is only liable for $50.00  Longer than 2 business days  Could be liable for up to $500.00  Varies depending upon the financial institution  May not charge the account holder anything if the correct steps were taken to report the lost/stolen card Report lost/stolen ATM/debit card:

4   Ability to maintain your bank account by accessing the account online  Anyone with an account at a bank is eligible  There are no fees associated What is online banking?

5   Access world wide from any computer  Transfer money  Payment of bills  Check Balance  Simple and Easy to use Advantages

6   Cannot make deposits  Bank security could be “hacked” into  Reimbursed if you do lose money  No internet service means no access to your account  Initial setup can take longer Disadvantages


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