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what is a good place to store my money?
its at a secure container inside the bank so no one can get it
you should go place your money on a safe deposit box
hey what happens if i stopped using my savings account?
meaning that your saving or checkings account hasn't been used in so long
you would essentially end up with an inactive account
What is a "smart card"? is it a pass that can make me smart?
Thank you so much im not worried anymore.
It was no problem
actually it is a card that contains electronic money with a built in chip to keep it safe.
Hey Stranger, do you know what a "bounced check" means?
It is returned to the payee and counts as non sufficient funds
Oh yea sure man, a bounced check means that the bank doesn't approve of the check.
I am a bit confused on the term, Electronic Funds Transfer.
Is there anything else?
Its a way to move money from the drawer’s account to the payee’s account
Thank you so much have a great day.
Yeah man one last question, What does liquid mean?
So you can take out your money with no problems. Alright man have a good day.
"Liquid" means The capacity to withdraw money at any time without penalty,