Banking Keep your money safe! Banking

Services offered by Banks

• Direct Deposit: money from paycheck or govt. check is put directly into your account.
• ATM Cards: allow you to access accounts at bank machines
• Debit Cards: bank card used like a credit card; money is debited from your account to pay for a sale.

Bank Services cont.

• Stored Value Cards: cards for specific dollar amounts for specific products or stores (gift cards, phone cards, etc.)
• Overdraft Privileges: bank pays amount of a check even if there is not enough money in the account
• Online Banking: ability to check accounts, transfer money and pay bills over internet
• Safe Deposit Box: in bank vault to for important papers and valuable items