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intro to business checking stuff

AB
traverlerscheckspecial forms designed for traverlers
stoppaymentorderwritten notice to stop a check
postdatedcheckcheck dated later than the date
payeeperson writing the check
overdrawingwriting a check for more than you have
moneyorderform ordering payment
forgerywriting another person's name on a check
drawerowner of the checking account
draweethe bank that pays the check
certifiedcheckcheck the bank has guaranteed payment
specialendorsementincludes the name of the person receiving payment
signaturecardofficial record of your signature
sharedraftsthe members shares ownership of this draft
servicechargea fee the bank charges
moneymarketratecurrent cost of money in the marketplace
jointaccounttwo or more people sharing an account
depositslipfor listing items you are putting in the bank
checkregisterform recording each tranaction



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