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BANKING SERVICES (Cheque (Parts of Cheque (Place of issue, Cheque number,…
BANKING SERVICES
Cheque
Types of CHEQUE:
Open cheque
Crossed cheque
Bearer cheque
Order cheque
Parts of Cheque
Place of issue
Cheque number
Account number MICR
Date of issue
Payee
Amount of currency
Signature of the drawer
Elements of a Cheque
Do's and Don'ts
Returned Checked
Types of Bank
Retail Banks
Central Banks
Commercial Banks
Electronic Banking
The Automatic Teller Machine (ATM)
The Electronic Funds Transfer at Point of Sales System (EFTPOS)
The Electronic Funds Transfer System (EFTS)
Types of Account
Savings Account
Current Account
Types of CURRENT ACCOUNT:
Personal current account
Joint current account
All accountholders
Internet Banking
Credit Cards