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A transaction where funds are deposited or withdrawn from the same financial institution.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