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A bank teller (often abbreviated to simply teller) is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. In some places, this employee is known as a cashier or customer representative. [1] Tellers also deal with routine customer service at a branch.
Cashier balancing [1] or cashing up is the process of a cashier counting the money in a cash register at the end of a business day or working shift. The process is usually conducted in businesses such as grocery stores, restaurants and banks, and makes the cashier responsible for the money in their cash register.
In a non-retail business, this would be a position of significant responsibility. With an ever-larger proportion of transactions being done using cash substitutes (such as checks , credit cards , and debit cards ), the amount of cash handled by such employees has declined, and this usage of the word "cashier" has been largely supplanted by the ...
The earliest type was a two-piece hollow wooden ball which ran along sloping rails, carrying cash and sales docket or receipt. [2] One set of rails sloped down from sales desk to cash office and another set sloped in the opposite direction. This was known as a cash railway. William Stickney Lamson of Lowell, Massachusetts patented this system ...
A banking agent is a retail or postal outlet contracted by a financial institution or a mobile network operator to process clients’ transactions. Rather than a branch teller, it is the owner or an employee of the retail outlet who conducts the transaction and lets clients deposit, withdraw, transfer funds, pay their bills, inquire about an ...
They may remove and record the amount of cash in the register at the end of the shift. A retail clerk, particularly in a smaller store, may keep records of sales, prepare inventories of stock, or order merchandise. [2] A retail clerk is expected to be able to use basic math, read and write, as well as operate cash registers and apply discounts.