thảo luận english banking ngân hàng và nghiệp vụ tiền gửi, đầu tư

Checking Savings Investments Checking Account  90% of transactions involving money are made with checks. What is a check?  When opening a checking account at a financial institution the customer enters into a contractual agreement that allows the customer to deposit money in the bank and to write checks on that account.  The financial institution agrees to maintain the account, provide records, and honor checks. Checks are safe, convenient, and provide a receipt for proof of payment.  Why is writing checks important? Why is writing checks important?  Why would you want to use a check Why would you want to use a check instead of cash? instead of cash?  What do people buy or pay with checks? What do people buy or pay with checks?  If you pay with a check when do you If you pay with a check when do you actually pay the money? actually pay the money? TYPES OF CHECKING ACCOUNTS: 1. MINIMUM BALANCE ACCOUNTS 2. FAEE CHECKING ACCOUNTS 3. COST-PEA-CHECK ACCOUNTS 4. "NOW" (NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS) 5. MONEY MARKET DEPOSIT ACCOUNTS ("MMDAs") 6. SHARE DRAFT ACCOUNTS Deposit slips – What is a deposit slip? – Why do you use a deposit slip? – When you deposit money, where does your money actually go? – To fill out a deposit slip you would fill in the date and the amount of the deposit. Writing a check – Write today’s date – Pay to the order…(name of person, company you are paying) – Amount of check in numerical numbers – Amount of check in written words – Signature – Memo / for …what is the check for? Or the purpose of the check Cashing a check – What happens if you don’t have a checking account? Where can you go to cash your check? – If you cash it at your bank can you always have your money immediately? – What would prevent you from cashing your whole check instead of depositing it? Check Register – What is a check register? – Why is it important to keep track of checks you write and deposits you make? How to fill out a check register – Give students several expenses (place and total), or you can just have them right checks out to the place they would buy gas, favorite place to buy close, and favorite entertainment place (food or activity). – Have students practice writing checks. – Hand out sample paychecks. – Have students fill out a deposit slip. – Record transactions into their check registers and balance their register book.