Check Writing/ Bank Statements

Front

A debit card is the same as a check, only in a plastic form.

Back

A debit card functions like a check, allowing direct access to funds in a bank account.

Front

Deposits represent

Back

money that is added to your checking account.

Front

What is the type of payment card that withdraws money immediately from a checking account?

Back

debit card

Front

What is a card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services?

Back

Debit card

Front

money subtracted from an account

Back

withdrawal

Front

What is a machine that allows bank customers to deposit or withdraw money without visiting their bank?

Back

ATM (automated teller machine)

Front

What is the benefit of direct deposit?

Back

You don't have to spend time and energy depositing a check

Front

Always use permanent ink when writing a check.

Back

True

Front

It's okay to only write the money amount in numbers. You don't have to write it in words too.

Back

False

Front

The 'memo' section is for your signature.

Back

False