Professional Documents
Culture Documents
Banking and Bill Paying - Wilshire
Banking and Bill Paying - Wilshire
Check Written order to a bank to pay the stated sum form one's account
Cleared The bank has received and recorded the transaction in your checking account.
Credit Card (Plastic) card from a bank authorizing the purchasing of goods on credit
debit card Used similarly to a credit card, funds are automatically (within a few days
usually) withdrawn from your bank account
Endorse To sign your name on the back of a check to either cash it or deposit it
Interest Money paid for borrowing money, or money that a bank or building society pays
a customer for putting money into their bank
Transaction When money goes into, or out of, your account. It can include deposits,
withdrawals, payments, fees, ATM transactions or transfers