Bank Vocab.

A clerk is the person who cashes your check.

• True

• False

ATM stands for:

• automated teller machine

• automated time machine

A withdrawal means:

• getting money in

• taking money out

This happens when there's no money in the account:

• check denial

• check bounce

This is when you exchange US dollars for pesos or viceversa:

• money exchange

• currency exchange

A lone is when the bank lends money to a customer.

• True

• False

Balance is:

• the amount of money you have left in an account.

• the amount of money you deposit to an account.

To cash a check you don't need an I.D.

• True

• False

A bank is a financial institution where only loans take place.

• True

• False

A bookkeeper maintains records and creates data reports.

• True

• False