Assignment 2- pg 4

Select the banking terms from drop down to match with the correct definition. Definitions   Banking Terms a.   A check that has been paid by the bank on behalf of the depositor.   select a banking term                                                           Automated teller machine (ATM)Electronic funds transfer (EFT)MakerDepositorDebit memorandumPayeeBank statementPayerCredit memorandumDeposit slipCheckCanceled checkSignature cardEndorsement b.   A disbursement system that uses wire, telephone, or computers to transfer cash balances from one location to another.   select a banking term                                                           EndorsementBank statementDeposit slipDebit memorandumCheckDepositorElectronic funds transfer (EFT)PayeeSignature cardPayerCanceled checkCredit memorandumAutomated teller machine (ATM)Maker c.   A document provided by the bank that requires the signature of all authorized signers of checks.   select a banking term…

What is a key prerequisite for using electronic bank account management (eBAM) to reduce paperwork?   Bank-provided treasury management system Upgrade from BAI2 to BTRS TWIST standards Initial relationship development