Instruments of Exchange
Across
- 1. A system of wiring funds electronically like Western Union
- 3. A cheque made out by a bank on behalf of a customer
- 5. A written, unconditional order directing one party to pay a fixed sum of money to another at a future date.
- 8. round metal or paper items that are used by legal tender . They are usually issued by government
- 9. The person or entity receiving the money.
- 10. the exchange or transfer of money without using paper money.
- 11. A bond investment from government
- 12. The person who writes and signs a cheque.
- 13. A plastic card allowing you to borrow funds for purchases.
Down
- 2. a certificate, usually issued by a government institution, that allows the stated payee to receive cash
- 4. The bank directed to pay the cheque amount.
- 5. Direct movement of money from one bank account to another.
- 6. Buying and selling goods or services over the internet.
- 7. A card that withdraws money directly from your bank account.
- 14. A document which orders a bank to pay a particular amount of money from a person’s account to another