GLOSSARY
| Letter of Introduction |
- A letter obtained by a banker from a prospective customer before open an account. |
Specimen Signature Card
|
- The banker obtains the specimen signature of the new customer in a separate card. |
Cheque
|
- is a document that orders a payment of money from a bank account. |
Pay-in-Slip
|
- are forms used to pay coins, notes, bills and cheques to the credit of customer's account. |
Passbook |
- A compact book issued to every customer of a bank in which all the entries regarding deposits and withdrawal of cash and cheques are made. |