Banking Basics
Banking Basics 101: Checks
Some time ago, another Wingman taught readers how to write a check. I thought I’d go a step further and explain the rules for each component. It’s good to know View More...
Banking Basics 101: Transaction Tickets
Tellers and front line staff are trained to help you conduct your banking business. While they should know their branch cut-off time and can tell you your available vs. collected View More...
Banking Basics 101: Check Endorsements
Checks are negotiable instruments that permit the transfer of money from remitter to payee. Checks are considered a promise to pay; meaning, they are not guaranteed forms of payment like View More...
Banking Basics 101: Money Orders
Money Orders are monetary instruments that order a specified amount of money to be paid to someone else. Given that Money Orders are paid for in full at the time View More...
Banking Basics 101: Business Days and Cut-off Times
Every financial institution has a designated cut-off time that marks the end of a business day. Once that cut-off time is reached, banks begin processing that day’s transactions (I refer View More...
