Exam 2: Banking and Finance Terminology

When customer offers immovable property like land and building as security for a loan, charge thereon is created by means of--------------.

A cheque can be crossed by drawing two transverse parallel lines through top left corner of cheque is called -------------.

-------------- is a person who became the possessor or payee of a negotiable instrument for a consideration.

The payees name is written on the cheque is called-----------.

Current a/c are also called-------------.