Across
- 3. a piece of paper that authorizes the transfer of funds from one account to the account of the person on the paper
- 4. a transaction account; holds money for saving; gains interest over time
- 5. an amount of money taken from one account and put into another electronically
- 7. a loan usually used when buying a home; paid back through set-time increments
- 9. registered retirement savings plan; holds savings and investment assets
- 12. a transaction account; holds daily spending money
- 13. customers use this when in need of funds; extended from banks
- 15. a cheque from banks to customers given with the intent for it to be payed back
- 16. a literal secure container in a bank's vault used to hold valuables, important documents etc.
- 17. a card used to make purchases instead of cash; money comes directly out of the user's account
- 18. an amount of money given from a bank to a customer to be paid back over time with interest
Down
- 1. a required charge of money from banks to their customers for using their services
- 2. payment from a borrower of money that is higher than the original amount of money borrowed, from a set rate
- 3. a personal cheque verified by the bank to ensure there are enough funds in the account to cover the cheque
- 6. the exchange of one currency to another (e.g. USD to CAD)
- 8. an amount of money put into a bank account
- 10. non-sufficient funds; you do not have enough money in your account to pay for something
- 11. an amount of money taken out of a bank account
- 14. when more money than is in an account is taken from the account
