BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The checking account number is at the bottom of a deposit slip.
A
True
B
False
Explanation: 

Detailed explanation-1: -The routing number is typically at the bottom of the deposit slip. Your account number will also be on the deposit slip if you’re using a pre-printed one.

Detailed explanation-2: -It’s the second set of numbers, between the nine-digit routing number and the check number.

Detailed explanation-3: -A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account. A deposit slip, by definition, contains the date, the name of the depositor, the depositor’s account number, and the amounts being deposited.

Detailed explanation-4: -Where is the account number on a check? You can find your account number at the bottom of your checks, the second set of numbers from the left that is between 9 and 12 digits. This number lets the bank know which checking account to take the funds from.

Detailed explanation-5: -You need to enter your name as on the cheque, your bank account number, cheque amount in words and numbers, the name and branch of the bank from where the cheque is drawn and the cheque number. You need to provide the cheque details in duplicate in two separate, perforated sections of the same slip.

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