Question

Which of the following is a method of gaining access to the money in your checking account?
Buy a prepaid card using cash
Deposit a paycheck from your job
Swipe your debit card at a store and sign the electronic machine or paper receipt
Take money from the ATM using your credit card

Answer 1

Deposit a paycheck from your job is a method of gaining access to the

money in your checking account.

What is a Checking account?

This is also known as a current account in which customers are allowed to

make deposits and withdrawals in the banks.

Paychecks are usually deposited in banks so as to enable the customers

have access to the money in their accounts through the use of debit cards

and other forms of payments.

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