Definition of teller

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TeachMeFinance.com - explain teller



teller -- an employee of a depository institution who waits on customers, usually from behind a counter or some other partition. Tellers accept deposits, provide cash or checks for withdrawals, and perform most other routine customer services involving transfers of funds.


historic definition...

Teller -- The clerk in a bank who pays out money or the clerk who receives deposits. The paying teller is generally called first teller and the receiving teller is generally called second teller. The note teller in a bank is sometimes called the third teller ; his particular business is to attend to the collection of promissory notes and drafts.


About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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