Receives and pays out money. Keeps records of money and negotiable instruments involved in a financial institution's various transactions.
This career is part of the Finance cluster Banking Services pathway.
A person in this career:
- Balances currency, coin, and checks in cash drawers at ends of shifts and calculates daily transactions, using computers, calculators, or adding machines.
- Receives checks and cash for deposit, verifies amounts, and checks accuracy of deposit slips.
- Monitors bank vaults to ensure cash balances are correct.
- Cashes checks and pays out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
- Counts currency, coins, and checks received, by hand or using currency-counting machine, to prepare them for deposit or shipment to branch banks or the Federal Reserve Bank.
- Enters customers' transactions into computers to record transactions and issue computer-generated receipts.
- Examines checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
- Prepares and verifies cashier's checks.
- Resolves problems or discrepancies concerning customers' accounts.
- Processes transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
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