Lesson 4.1 Review Checking Account Transactions

Front

What is a banking activity that changes the amount of money in a bank account?

Back

Transaction

Front

What do you call a variety of banking services that can be accessed online?

Back

Online banking services

Front

What is the bank routing number on a check?

Back

A unique number that identifies the bank and is used for processing checks.

Front

What does 'less cash received' mean on a deposit slip?

Back

It means they want cash back from the deposit.

Front

What is a check?

Back

A written order directing a bank to pay a specific amount from a person's account.

Front

What is a deposit slip?

Back

A form used to deposit money into a bank account.

Front

What is a debit card?

Back

A card that allows you to access funds directly from your bank account.

Front

What is an ATM?

Back

Automated Teller Machine, a machine that allows you to perform banking transactions.

Front

What does EFT stand for?

Back

Electronic Funds Transfer, a system for transferring money electronically.

Front

What is a check stub?

Back

A part of a check that is retained for record-keeping.