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BANKING SERVICES ((ATM, withdraw cash, transfer funds to other accounts,…
BANKING SERVICES
ATM
withdraw cash
transfer funds to other accounts
check the balance accounts
request for statement account
pay in depositt
request for cheque books
PART OF CHEQUE
place of issue
cheque number
account number MICR
date of issue
payee
amount of currency
signature of the drawer
SAVING ACCOUNT
Receive Interest
available at all banking account every month
enable customers to deposit money into account
receive certain interest
apply ATM card with a specific PIN number
receive either a passbook or a statement
ELECTRONIC BANKING
The Electronic Funds Transfer at Point of Sales System (EFTPOS)
The automatic Taller Machine (ATM)
The Electronic Funds Transfer System (EFTS)
CURRENT ACCOUNT
allowed to use cheques as a way to make payments
can be used either
personal
or
business
purposes
pay during cheque reduce tthe burden
TYPE OF CHEQUE
open cheque
order cheque
crossed cheque
bearer cheque
APPLYING CREDIT CARDS
requirements
submission
terms and conditions
personal identification number (PIN)
TYPE OF BANK
retail banks
commercial banks
central banks