your checking account life choices _________. brief checking account facts _____ to manage your...
Post on 23-Dec-2015
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Your Checking Account
Life Choices
_________
Brief Checking Account Facts
• _____ to manage your money
• Can write checks for the _____
• Safe to _____
• Can avoid carrying large amounts of _____
• Bank sends you a _____
• _____ of all expenses paid
Signature Card
• Must be filled out when _____ an account
• Must show _____
• Always _____ the same way you sign the Signature Card
• Avoid _____
• Always use _____
Making a Deposit
• Make sure you have _____ before writing a check
• Give deposit to _____, she will give you a _____
• Put deposit in _____
• _____ to the bank
• Your deposit may not be readily _____.
Deposit Ticket
• Routing number• Account number• Signature
Writing Checks
• Write _____ • Always use _____ • Sign your name _____ - - the same way you
signed the Signature Card• Use _____ when signing your name• Be sure _____ are legible• Do not use _____• If you make a mistake, write _____ across your
check and _____ for your records.
3 Endorsements
• A check must be _____ before it can be deposited or cashed.– _____ Endorsement– _____ Endorsement– Endorsement _____
• Blank Endorsement – use only if you are going to _____ at the bank. If lost, _____ the check.
• Restrictive Endorsement – use if you are planning _____ your deposit in the night deposit.
• Endorsement in Full – used to _____ to someone else. AKA _____ check.
Check Samples
Check Register
• _____ that you write so that you know how much money is left in your account
• Provides a _____ of all the items you have paid by check
• Contains: Date, _____, to whom the check was written, the _____ of the check and the _____
Check Register
The Bank Statement
• You will receive _____ from your bank• It lists the _____, the _____ and the _____ left
in your account, and any _____• Allows you to _____ to see if any errors have
been made• Because you may have written checks which the
_____, the bank balance shown on the statement _____ with your checkbook balance. Therefore, you must _____ the bank statement.
Debit Cards
• AKA _____ card or _____ card
• Looks similar to a _____ card
• Funds are directly removed from your _____, you do not get a _____
• Remember to _____ your purchases from your check register.
• Can be used _____
Debit Cards, continued…
• Advantages – easy _____, no need to _____, better than _____, can only spend _____
• Keeping your debit card safe:– Memorize your _____ number– _____ PIN number– _____ Debit Card Immediately– Keep all _____ and _____ monthly– Stand close to the ATM, so others _____ your PIN
Internet Banking
• You can access your _____ and manage your _____
• Internet bank web site is _____
• _____ are used when data is sent electronically
• Services include: _____ Payment, Electronic _____, and _____ Balance
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