A deposit receipt is ________.
A) retained by the customer as proof of a deposit transaction
B) the same as a signature card
C) used by the bank as an alternative to a remittance advice
D) given by the customer to the bank as a proof of deposit

Question

Quizplus · Accepted Answer

A deposit receipt is a document generated by the bank and given to the customer as proof of deposit. It lists the details of the deposit transaction including the deposit amount, account number, date, and time. The customer retains this receipt as evidence of the deposit made.

A Deposit Receipt Is ________