What should I know in the banking industry?
younghappygirl106 asked:
What is the day to day task in working for a bank?
What terms and key words should I know about banking?
What can I learn about finance?
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What is the day to day task in working for a bank?
What terms and key words should I know about banking?
What can I learn about finance?
Thank you!
September 28th, 2009 at 5:25 am
Business Day - Most banks end business day 2-4pm.
Memo/Presentments - What is coming through on current business day.
Posted - Items that are out of presentments/memo and hard posted to the account. Basically it won’t drop off.
Drop Off - Things that are in memo/presentments and will drop off before it hard posts. Gas station card checks/double posted transactions, etc. sasil85