Chapter 4 Checking Accounts

Front 1

Deposit

Back 1

An ammount of money that you put into a banking account.

Front 2

Automatic Teller Machine (ATM)

Back 2

A machine used to make a deposit. Taking money out of your account.

Front 3

Personal Identification Number (PIN)

Back 3

It allows you to access your bank account and deposit your check into the machine.

Front 4

Checking Account

Back 4

This montesary account allows the holder to write checks against money that has been deposited into it.

Front 5

Check

Back 5

A check directs a bank to take money out of your account to make a payment.

Front 6

Check Register Balance

Back 6

Used to keep a record of your deposits, electronic transfers (or automatic transfers, AT), and the checks you have written.

Front 7

Balance

Back 7

The ammount of money in your account.

Front 8

Bank Statement

Back 8

It lists all your checks that the bank has cleared, including any automatic transfers, ATM transactions, and deposits that the bank has recordedsince your last statement.

Front 9

Service Charge

Back 9

A fee charged for services rendered.

Front 10

Reconcile

Back 10

The statement to make sure that iit agrees with your check register.

Front 11

Online Banking

Back 11

Internet banking that allows you to bank from anywhere.