Bank Teller Transaction Codes Quiz
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Questions and Answers

What does the transaction code 'SD' represent?

  • Share Deposit (correct)
  • Share Disbursed
  • Cash Received
  • Loan Payment

The transaction code 'KD' refers to cash deposit

False (B)

What does the transaction code 'LC' refer to?

  • CASH RECEIVED
  • LOAN COMMENT (correct)
  • CASH DISBURSED
  • LOAN ADVANCE

The transaction code 'VO' stands for Vault Overage.

<p>False (B)</p> Signup and view all the answers

Which transaction code is used for SHARE WITHDRAWAL?

<p>SW</p> Signup and view all the answers

The transaction code 'RR' is for Reverse Transaction.

<p>RECEIPT</p> Signup and view all the answers

The transaction code 'OV' signifies?

<p>Override to unlock Symitar users (C)</p> Signup and view all the answers

'KR' stands for "Check Received"

<p>True (A)</p> Signup and view all the answers

What does the Transaction Code "X" Mean

<p>Transfer (A)</p> Signup and view all the answers

Flashcards

CR

Cash Received

CD

Cash Disbursed

SD

Share Deposit

KR

Check Received

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X

Transfer between accounts

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ON-US

A transaction where funds are deposited or withdrawn from the same financial institution.

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Loan Payment

A transaction where a borrower makes a payment towards their loan.

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Share Withdrawal

A transaction where a member withdraws funds from their share account.

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Loan Advance

A transaction where a lender provides funds to a borrower.

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Share Comment

A transaction that allows the teller to add a note or comment to a member's share account.

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Study Notes

Teller Transaction Codes

  • CR: Cash Received
  • CD: Cash Disbursed
  • SD: Share Deposit
  • KR: Check Received
  • ON: On-US
  • LP: Loan Payment
  • SW: Share Withdrawal
  • X: Transfer
  • Y: Access to Another Account
  • LA: Loan Advance
  • SC: Share Comment
  • GL: General Ledger
  • MP: Miscellaneous Payments
  • LC: Loan Comment
  • VO: Void
  • OV: Override to Unlock Symitar Users
  • KD: Cashier's Check
  • KC: Check Cashing
  • VS: Vault Sell
  • VB: Vault Buy
  • BK: Bulk Deposit
  • RR: Receipt Retrieval

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Description

Test your knowledge of key transaction codes used by bank tellers. This quiz covers various transaction types such as cash received, check disbursed, and share withdrawals. Perfect for finance students or professionals looking to refresh their understanding of teller operations.

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