My cousin is a bank teller, he deals with cash, checks, and bank accounts all day.
Checks are a type of bill exchange to make it easy to carry large payments. I love having a check in my pocket.
Me too, it's like having cash on hand but checks are so much safer. Bank tellers and ATMs both accepts checks too!
ATMs make banks so much money from the two fees they have. The surcharge fee and the foreign fee.
True, also if you account is overdrawn with you knowing and you don't realize, you get hit with a huge fee. Bank tellers ultimate secret.
When money dips below how much you have then your account gets overdrawn. EACH transaction after that has a huge fee. The also offer overdraft protection for a fee per month. So make sure you pay attention to your account.
I try to always pay attention, so back to bank tellers. I bet that's a pretty stressful job!
Bank teller
A bank teller (often abbreviated to simply teller) is an employee of a bank who deals directly with customers. In some places, this employee is known as a cashier or customer representative. Most teller jobs require experience with handling cash and a high school diploma. Most banks provide on-the-job training.
Tellers are considered a "front line" in the banking business because they are typically the first people a customer sees at the bank.
Responsibilities and Duties of the Bank Teller.
, bank overdrafts are considered to be a part of cash and cash equivalents.
- Cash in saving accounts is generally for the saving purposes so that they are not used for daily expenses.
- Cash in checking accounts allow to write checks and use electronic debit to access funds in the account.
- Money order is a financial instrument issued by government or financial institutions which is used by payee to receive cash on demand. The advantage of money orders over checks is that it is more trusted since it is always