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Who is a person who RECEIVES AND PAYS MONEY IN A BANK?
manager
What is the person who works in a bank that receives and pays out money called?
A bank teller.
The money a bank pays depositors for the right to use their money is called?
Interest.
What is the name of a person who pays out money at a bank?
The person who pays out money at a bank is typically referred to as a "teller." Bank tellers handle various transactions, including cash withdrawals, deposits, and account inquiries for customers.
What is the term used for the money a bank pays you in exchange for keeping your money for a while?
interest
A person who receives and pays out money in a bank?
This person is a teller.
A woman stops at a building and pays a sum of money What is the building?
a bank
When the Fed lends money to a commercial bank what does the bank do?
pays the Federal funds interest rate on the loan.
What is the name of the bank in Manhattan that pays 8.2 percent on money saved?
bmd
Employee of a bank or other commercial institution who receives or pays out money?
cashier
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
How can a bank make money?
Banks make money off of the interest that comes from loans. When someone takes out a loan, he pays back more money than he borrowed. That money becomes the bank's profit.
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