Diana has her paycheck deposited directly from her employers account into her checking account. This is an example of what?
debit card
my crrunt acuont
A debt card withdrawals money directly from your checking account.
Emigrant Direct claims to offer a high interest savings account, that they can directly link with your checking account at another bank. They don't personally offer checking accounts themselves.
A US checking Account
There are several different options for ING accounts. The best choice is to compare with local ING checking account providers to find the one with the lowest interest rates. If your looking for an intertest bearing checking account you should choose the Electric Orange Checking account. This account pays 0.25 % APR and offers a free debit card and a complete automatic electronic bill pay service.
To use a commercial checking account, first, open an account with a bank or financial institution that offers commercial banking services. Then, deposit funds into the account through various methods such as cash, checks, or electronic transfers. Finally, use the account to manage business transactions such as making payments, receiving payments, and keeping track of business expenses and cash flow.
BBVA offers Visa and Mastercard debit cards to their customers. Most customers have the cards connected to their checking account but they can also be connected to a savings or money market account.
Balancing a checkbook and a checking account are one in the same. A checkbook is simply a written record of checks you've written, however you might need to reconcile your checkbook if you use your checking account for more than just handwritten checks (debit card purchases, electronic payments, etc)
No. He cannot access your checking account to view the balance or to withdraw money. However, he will be able to access your account to credit your monthly paycheck or salary through direct deposit. Even during direct deposit, he wouldn't be directly accessing your checking account. Instead, his bank would be doing that by means of direct deposit instructions to your bank.
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.