In the figure above, item 3 points to the ____.
Definitions:
Bank Charges
Fees charged by banks for various services and transactions, such as account maintenance, transfers, and non-sufficient funds.
Bank Reconciliation
The process of reconciling the checkbook balance with the bank balance given on the bank statement.
Phishing
Fake e-mails that attempt to obtain information about online banking customers.
Drawee
The party in a draft or bill of exchange who is directed to pay, typically a bank.
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