Deposit slip

Deposit slip,

Definition of Deposit slip:

  1. Upon entering a bank, a customer can typically find a stack of deposit slips with designated spaces to fill in the required information to complete the deposit. The customer is required to fill out the deposit slip before approaching the bank teller to deposit funds.

  2. A paper slip that banks use with customers for the purpose of depositing funds into their accounts. Typically this form will have the banks customers name and account number printed directly on it.

  3. A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account. A deposit slip, by definition, contains the date, the name of the depositor, the depositor's account number, and the amounts being deposited.

How to use Deposit slip in a sentence?

  1. A deposit slip contains the date, the name of the depositor, the depositor's account number, and the amounts being deposited as well as break down of whether the deposit is comprised of checks, cash, or if the depositor wants a specific amount of cash back from a check deposit.
  2. The deposit slip serves as proof that the bank acknowledged receiving the funds from the customer.
  3. A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account.

Meaning of Deposit slip & Deposit slip Definition