Tellers
Tellers receive and pay out money. They keep records of money and negotiable instruments involved in a financial institution's various transactions.
Tellers receive checks and cash for deposit, verify amounts and check the accuracy of deposit slips. Bank tellers cash checks and pay out money after confirming that the signatures are correct, that written and numerical quantities agree, and that accounts have sufficient funds. They count currency and checks received, balance currency and checks in cash drawers at the ends of shifts, calculate daily transactions, enter customers' transactions into computers and issue receipts.
Bank tellers jobs resolve problems or discrepancies concerning customers' accounts, process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits, answer telephones, identify transaction mistakes, when debits and credits do not balance, compute fees, interest, and service charges, perform clerical tasks, such as typing, filing, and microfilm photography, and inform customers about foreign currency regulations and compute transaction fees for currency exchanges.
A high school diploma with some previous work-related skills, knowledge and experience is required for the job of a net teller. Tellers work at banks and their pay is commensurate to the nature of the job.
Skills required of a bank teller include mathematics, reading comprehension, communication, service orientation, social perceptiveness, writing and time management. They need knowledge of economics and accounting, banking, public safety and security and customer service in order to earn seven-figure bank teller salary.
A successful teller should be dependable, capable of thinking analytically and pay attention to detail.
Qualifications
Every career requires an element of study and academic qualification, and there can be several study routes and pathways you can take. In following any academic pathway you will study subjects that contribute to the specialised knowledge required to achieve your career goals. These qualifications provide a future employer with the evidence that you have the desired knowledge, understanding and experience of their industry, so it’s important to consider the various types of qualifications available to you and to understand how they can boost your career and create opportunities for you.
- Bachelor's Any Subject
Tasks
- Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
- Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
- Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
- Examine checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
- Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
- Count currency, coins, and checks received, by hand or using currency-counting machine, to prepare them for deposit or shipment to branch banks or the Federal Reserve Bank.
- Identify transaction mistakes when debits and credits do not balance.
- Prepare and verify cashier's checks.
- Arrange monies received in cash boxes and coin dispensers according to denomination.
- Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
Progression Routes
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