Checking, Online Banking, P2P

Front

People who are unbanked are most likely to...

Back

Pay for services that would be free if they had an account

Front

You can access (withdraw) the money in your checking account by...

Back

Transferring money though your online account

Front

Writing a check for a major purchase is safer than carrying a large amount of cash to the store.

Back

True

Front

An agency of the federal government that insures bank deposits up to $250,000 is the

Back

FDIC

Front

Which card can access the funds in your checking account?

Back

Debit Card

Front

Taking more money out of your account than is available​ is called?

Back

Overdraft

Front

Sometimes the bank will allow you to have a better checking account if you maintain this:

Back

Minimum Balance

Front

Does FDIC coverage protect money from fraudulent account activity?

Back

False

Front

If the bank changes their account agreement, they must notify their account holders in writing prior to the change.

Back

True

Front

What is a P2P payment?

Back

A transfer between two individuals