- Bank teller
A bank teller is an employee of a
bankwho deals directly with most customers. In some places this employee is known as a cashier.
Tellers are considered a "front line" in the banking business. This is because they are the first people that a customer sees at the bank and are also the people most likely to detect and stop fraudulent transactions in order to prevent losses at a bank (i.e.
counterfeitcurrency and checks, identity theft, con artistschemes, etc.). The position also requires tellers to be friendly and interact with the customers, providing them with information about customers' accounts and bank services.
Most tellers have a window (or wicket), a
computer terminal, and a cash drawer from which they perform their transactions. These transactions include, but are not limited to:
*Check cashing, depositing
*Savings deposits, withdrawals
*Consignment item issuances (i.e. Cashier's Checks, Traveler's Checks, Money Orders, Federal Draft issuances, etc.)
*Promotion of the financial institution's products (loans, mortgages, etc.)
*Business referrals (i.e. Trust,
Insurance, Lending, etc.)
*Savings Bonds purchase or redemption
*Resolving customer issues
*Balancing the vault, cash drawers, ATMs, and TAUs
*May include ordering products for the customer (checks, deposit slips, etc.)
In the United States, tellers held approximately 608,000 jobs in 2006. Of these, 1 out of 4 worked part-time. Median annual earnings as of May 2006 were $22,140. [cite web | title = Tellers | work = Occupational Outlook Handbook | publisher = U.S. Bureau of Labor Statistics | month = May | year = 2006 | url = http://www.bls.gov/oco/ocos126.htm | accessdate = 2008-01-31]
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Look at other dictionaries:
bank teller — UK US noun [C] (US ► BANKING a person whose job is to pay out and take in money in a bank → See also BANK ASSISTANT(Cf. ↑bank assistant), BANK CLERK(Cf. ↑bank clerk) … Financial and business terms
bank teller — /ˈbæŋk tɛlə/ (say bangk teluh) noun → teller (def. 2) … Australian English dictionary
bank teller — See teller</b> … Ballentine's law dictionary
Teller — may refer to: * a bank teller, a bank employee responsible for receiving and disbursing money; sometimes referred to as a cashier * a Teller (elections) who counts the votes in an election * an automated teller machine * a fortune teller, someone … Wikipedia
teller — tell‧er [ˈtelə ǁ ər] noun [countable] especially AmE someone whose job is to receive and pay out money in a bank; = cashier Bre: • Tellers are now using on line real time systems to access customers accounts. * * * teller UK US /ˈtelər/ noun [C]… … Financial and business terms
Teller assist unit — Teller assist units (TAU), also known as automatic teller safes (ATS) or teller cash dispensers (TCD), are devices used in retail banking for the disbursement of money at a Bank teller wicket or a centralized area. Other areas of application of… … Wikipedia
bank clerk — ➔ clerk * * * bank clerk UK US noun [C] ► BANKING an employee of a bank who deals with customers, receives and pays out money, etc.: »A bank clerk serves as the primary point of contact for most bank customers, administering most basic banking… … Financial and business terms
bank assistant — UK US noun [C] ► BANKING an employee of a bank who deals with customers, receives and pays out money, and helps with other tasks → See also BANK CLERK(Cf. ↑bank clerk), BANK TELLER(Cf. ↑bank teller) … Financial and business terms
bank clerk — bank teller, employee of a bank who serves clientele … English contemporary dictionary
bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… … Black's law dictionary