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[MO2] Banking Procedures [Tier 01]

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Term
Definition
agent   show
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authorization   show
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show a banking machine that can perform deposits, transfers and withdrawals 24 hours a day, seven days a week  
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show a record of an account sent to the account holder showing the beginning balance, all deposits made, all checks drawn, all bank service charges and interested earned as well as the closing balance  
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show any form of money; the name given to the cash we use in our society  
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denomination   show
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deposit   show
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deposit record   show
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show a slip accompanying a bank deposit and containing an itemized list of checks or cash deposited, the date and the depositor's signature  
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direct deposit   show
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show the payee's signature on the back of a check; a transfer of title on the check to the bank in exchange for the amount of money on the face of the check  
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show signature on the back of the check of the payee  
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show a paperless bank statement  
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mobile banking   show
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show capable of being discussed and terms arranged  
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show the practice of making bank transactions or paying bills electronically via the Internet  
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outstanding check   show
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show an amount of beyond what is currently in the account  
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payee   show
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payer   show
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reconciling   show
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show a formal or official recording of items, name or action  
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stop payment   show
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show someone other than the two principals in a transaction  
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transaction   show
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void   show
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show a removal of something that has been deposited  
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Created by: MaesterRay
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