HUMS 202 Lecture Notes - Lecture 3: Social Security Number, Payment Service Provider, Customer Service
Document Summary
Convenience provide w/ quick & easy access to money (paycheck and income tax refunds can be directly deposited) Free/low-cost checking: charge no more than . 00 per month, fee waived if use direct deposit or use atm/debit card a min. 3x/month electronic-only/atm checking: requires use of direct deposit & atm/debit card; good if handle banking transactions online; may be charged monthly service charge for not meeting min. online transactions. Balance () to earn interest and avoid fees. Opening checking account: need social security number, ind. Taxpayer id number (if not us citizen), some form of id/greencard/passport/etc with country and id number. Deposit slip needs correct amnt & address info. Write check w/o money in account to cover the check bouncing a check & stores will charge a fee when this happens. Customer service via email or online chat.
