Checking Terms Review

Automatic Teller Machine. Allows a customer to get out physical currency from their account

• PIN

• Debit Card

• ATM

• Prepaid Card

The amount of money you have in your bank account

• Balance

• Deposit

• Overdraw

• Direct Deposit

The bank's accounting of your transactions

• Voided check

• Bank Statement

• Prepaid Card

• Deposit

A business that cashes checks, giving the customer cash in exchange for a fee for the service.

• Direct Deposit

• Deposit

• Voided Check

• Check Cashing Store

A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.

• Prepaid Card

• Direct Deposit

• Debit Card

• Bank Statement

Money put into your account

• Deposit

• Overdraw

• Balance

• PIN

Your employer automatically deposits your paycheck into your account.

• Overdraw

• ATM

• PIN

• Direct Deposit

To write a check or make a withdrawal when there isn't enough money in the account to pay for it.

• Balance

• Overdraw

• Deposit

• Voided Check

Personal Identification Number. Needed to use an ATM card

• PIN

• Balance

• ATM

• Deposit

A card that is loaded with a specific cash amount before you use it but then looks and works like a credit card until the full value is spent.

• Debit Card

• Bank Statement

• Prepaid Card

• Direct Deposit