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Author: taichinh

Certificate of Deposit
Banking & Credit / Glossary

What Is a Certificate of Deposit? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A certificate of deposit (CD) is a type of savings account that lets you earn interest on your money over a fixed period of time. Unlike a regular savings account, …

What Is a Certificate of Deposit? – Simple and Easy Explanation Read More
Cashier's check
Banking & Credit / Glossary

What Is a Cashier’s Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

Learn what a cashier’s check is, why it’s safer than a personal check, and when you’ll need one for large, secure payments. What is a Cashier’s Check, Really? Ever had …

What Is a Cashier’s Check? – Simple and Easy Explanation Read More
Canceled Check
Banking & Credit / Glossary

What Is a Canceled Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A canceled check is simply a check that has been paid, processed, and deducted from your bank account. Learn why these old documents are still important proof of payment. What …

What Is a Canceled Check? – Simple and Easy Explanation Read More
Bounced Check
Banking & Credit / Glossary

What Is a Bounced Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A simple guide to understanding what a bounced check is, why it happens, and the penalties you or your business might face. We’ve all been there: you pay for something …

What Is a Bounced Check? – Simple and Easy Explanation Read More
Bill Pay
Banking & Credit / Glossary

What Is Bill Pay? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A simple guide to understanding Bill Pay and how it makes managing your monthly bills easier. What Is Bill Pay? Bill Pay is an optional online service from Bank of …

What Is Bill Pay? – Simple and Easy Explanation Read More
Banking center
Banking & Credit / Glossary

What Is a Banking Center? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A banking center is a physical branch of a bank where customers can go for in-person services. Meta description: Learn what a banking center is, how it works, and why …

What Is a Banking Center? – Simple and Easy Explanation Read More
Average Daily Balance
Banking & Credit / Glossary

What Is Average Daily Balance? – A Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A clear, friendly guide to help you understand how the average daily balance works and why banks use it. Understanding the Average Daily Balance The average daily balance is a …

What Is Average Daily Balance? – A Simple and Easy Explanation Read More
Available Balance
Banking & Credit / Glossary

What Is Available Balance? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A clear and friendly guide to help you understand what your available balance really means and how it affects your everyday spending. Understanding Your Available Balance Your available balance is …

What Is Available Balance? – Simple and Easy Explanation Read More
Automatic payment
Banking & Credit / Glossary

What Is Automatic Payment? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

Automatically pay your recurring bills on time without lifting a finger. Understanding Automatic Payment An automatic payment is a setup that lets your bank or service provider automatically take money …

What Is Automatic Payment? – Simple and Easy Explanation Read More
Automatic funds transfer
Banking & Credit / Glossary

What Is Automatic Funds Transfer? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A quick and friendly guide to help you understand how automatic funds transfer works and why it can make managing your money much easier. Understanding Automatic Funds Transfer An automatic …

What Is Automatic Funds Transfer? – Simple and Easy Explanation Read More

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What Are Uncollected Funds? – Simple and Easy Explanation

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Taxes

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