| A | B |
|---|
| money order | Like a check. May be purchased at banks and post offices to order the payment of money to a party from the funds of the organization that issued it. |
| traveler's check | Form of payment that people often buy before going on a trip. |
| certified check | A personal check with a guarantee by the bank that there is enough money in the account to cover the check. |
| cashier's check | A bank check that is paid from an account held within the bank. |
| bank draft | A bank check drawn by the bank on an account in another commercial bank or at the Federal Reserve bank in the district. |
| electronic funds transfer (EFT) | A acomputer-run program for transferring money from one party to another. |
| automatic teller machine (ATM) | A computer terminal that operates like a bank teller and allows people to make deposits or withdrawals 24 hours a day. |
| debit card | Used to pay for purchases electronically. |
