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banks and payments

banks and payments 1st year x

TermDefinition
payee who gets paid
drawee bank
drawer writes the cheque
cheque written instruction to bank to pay another person from your account
p.i.n personal identification number
a.t.m automated teller machine
d.i.r.t deposit interest retention tax
endorsing a cheque writing your name on the back of a cheque to pass it on to someone else
post dated cheque cheque dated in the future
antedated cheque cheque dated in the past
S.O standing order
O.D over draft
B.D bank draft
D.D direct debit
Created by: shaunapower123
 

 



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