BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are good ideas to protect your checking account?
A
Use common passwords for your online bank account like “Password1” or ABC123” so you won’t forget them
B
Set up alerts on your account so you will notice any unauthorized transactions
C
Once you’re done with them, shred any account statements that have your account number listed
D
If you notice any unauthorized transactions, wait until your monthly statement arrives before notifying the bank
Explanation: 

Detailed explanation-1: -You already know in many ways how your checking account works. You write paper checks, withdraw money from an automated teller machine (ATM), or pay with a check card.

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