Tellers are usually stationed behind counters at banks where they help customers who come in to make routine financial transactions. The tasks tellers perform include processing customers’ deposits and withdrawals cashing their checks and accepting loan payments. They may also issue personal money orders cashier’s checks and traveler’s checks as well as exchange foreign currency and give customers access to their safety deposit boxes. In addition to opening or closing accounts they may be expected to inform customers about the products and bank is offering. Tellers handle large amounts of cash and they are responsible for following the bank’s procedures for every transaction. Tellers must give an accurate account of all transactions that occur during the day and the cash drawer they start out with at the beginning of the day must be balanced at the end of the day to indicate that no money is missing. According to the website tellers need a high school diploma for an entry-level job although some have taken college courses or even have a college degree. They are trained on the job in relevant computer skills but they must be detail-oriented and have strong numerical ability. As well they need to be strongly oriented to providing customer service and of course they must be honest. The U.S. Bureau of Labor Statistics predicts an increase in teller jobs mainly because many banks are opening branches all of which must be staffed. At the same time however bank mergers and consolidations can lead to some bank closings so tellers may have to change job locations and even employers. The website says that the median annual salary for tellers is approximately $22000 although some earn $30000 a year or more.

Education Required: High School Diploma
Avg Salary: $26000
High Salary: $30000
Low Salary: $22000
Tasks: Receives and counts money.
Cashes checks.
Prepares cashier's checks and personal money orders.
Records monetary transactions.
Also Called: Banker
Bank Clerk
Bank Agent
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