Mobile Banking Vocabulary
Across
- 3. the task of binding a foreign account to a local account.
- 4. represents total annual cost of borrowing money represented as a percentage.
- 5. normalized representation of an interest.
- 7. the specific date on which the principal amount of debt is due along with payment.
- 9. an electronic payment that allows you to pay or collect funds electronically.
- 12. interest you can earn on interest.
- 14. an assurance of a bank that it will honor a check of one of its clients, including bankers approval.
- 15. establishes a digital connection between your computer and a remote server.
Down
- 1. An additional security measure used to verify your identity when logging into your account for the first time from a new device.
- 2. a period of time after payment is due but before late fees, interest, or other penalties start to accrue.
- 6. sending fraudulent communications that appear to come from a legitimate source.
- 8. money transfer scheduled on predetermined date to pay a recurring bill.
- 10. A negative balance in your account.
- 11. the deposit of funds electronically in to a bank account
- 13. transfer of money from one bank account to another.