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A person who receives and pays out money in a bank?
This person is a teller.
What is the person who works in a bank that receives and pays out money called?
A bank teller.
You get paid by check if you get bank charges who pays?
The person who receives the cheque payment (You) pays the bank charges.
Employee of a bank or other commercial institution who receives or pays out money?
cashier
Who pays money at bank?
The person who borrow money.
An employee of a bank or other commercial institution who receives and pays out money?
cashier. your playing wild word garden arent you? :)
Who receives and pays out money in a business?
A talker
What is the differences between payee and payer?
Payer is the person who pays money using a check whenever it's paid or due. Payee is the person who receives a check or a money order that is or will be paid or due.
Who pays loans back?
Well usually it is the person that the money was loaned to, however if you are refinancing it is the bank that buys the loan from the other bank in hopes of making money off of the interest, while the first bank just wants the money back from the loan. And the person refinancing can get a better interest rate from the next bank.
The money a bank pays depositors for the right to use their money is called?
Interest.
What is money a person pays to borrow money?
Interest.
What is the path of the cheque?
The path is as follows:Bank A issues a cheque book to a customer ACustomer A issues cheque to another person B to whom he owes moneyPerson B deposits the cheque into his bank account BBank B sends a request to Bank A reg. the cheque along with the amountBank A confirms if Customer A has enough money for the cheque and pays Bank BBank B receives the funds and credits it into Person B's account.
