Bank Terms

Question 1

______________ means to put money in your account.

Accepted Answer

Deposit

Question 2

Always use _____________ to sign your name on a check.

Accepted Answer

cursive

Question 3

When writing a check, be sure all numbers are ____________.

Accepted Answer

legible

Question 4

Always __________ your checks the same way.

Accepted Answer

sign

Question 5

______________ identifies the people who can legally use the account.

Accepted Answer

Ownership

Question 6

Money taken from your account is called a __________.

Accepted Answer

withdrawal

Question 7

If you make a mistake when writing a check, print ____________ on the front of the check.

Accepted Answer

VOID

Question 8

______________ means to move money from one of your accounts to another.

Accepted Answer

Transfer

Question 9

PIN stands for _______________ _____________ _____________ - the number used to access your account.

Accepted Answer

personal identification number

Question 10

The small book where you enter all transactions to know how much money you have and how you are spending it is a ___ ___

Accepted Answer

check register

Question 11

Any time you put money into or take money out of an account, it is called a __________________.

Accepted Answer

transaction

Question 12

An _____________ _____________ is when you have money taken from your checking account on a set schedule to pay a bill.

Accepted Answer

automatic payment

Question 13

Money earned on money being held in an account is called _____________.

Accepted Answer

interest

Question 14

Always use _____ to write your checks.

Accepted Answer

ink

Question 15

A ________________ is a small bank form you fill out to pay someone using money from your account.

Accepted Answer

check

Question 16

The ticket you fill out that shows which account you are taking money from and how much money you are taking is a ______

Accepted Answer

withdrawal slip

Question 17

The ___________ __________ ____________ functions like a bank teller allowing you to make deposits and withdrawals.

Accepted Answer

automated teller machine, ATM

Question 18

When money is put into your account electronically, it is a ________ _________.

Accepted Answer

direct deposit

Question 19

A ______ ______ is a card used like a credit card to pay for items; the money comes directly from your checking account.

Accepted Answer

debit card

Question 20

A ________ ________ is the ticket you fill out that shows what kind and how much money you are depositing in a account.

Accepted Answer

deposit slip

Questions 20