Banking Multiple Choice Test

If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the

Consumer finance companies, which are often advertised on TV, are also known as

Which financial product can you buy for $25, is safe, and will be worth $50 at a future date?

You have a checking account balance of $100 and you deposit a personal $200 check from your brother in your checking account. When will you be able to withdraw $150 in cash?

A blank endorsement on a check

Margaret wants to store a valuable coin collection and important papers. Generally, consumers should:

The financial institution where Ms. Higgs has her checking account will continue to pay out money for the checks she writes as long as:

Which financial product typically pays the highest rate of interest?

Travelers checks, often used for vacations:

Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:

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