TELLER Meaning and
Definition
-
A teller is an individual who works in a banking institution or a financial institution and is primarily responsible for conducting various financial transactions. They are often stationed at the bank’s front counter, assisting customers in completing their banking needs. A teller’s main duty is to receive and process deposits, withdrawals, and other types of cash transactions. They handle currency and coins, ensuring accuracy and adhering to security and anti-fraud measures.
In addition to handling cash transactions, a teller also conducts other financial services, such as cashing checks, issuing money orders, and providing customers with account balance information. They are typically trained to answer basic customer inquiries regarding account information, banking procedures, and promotional offerings, among others.
Tellers play a crucial role in creating a positive customer experience and establishing trust between the bank and its clients. They must possess strong communication and interpersonal skills to interact with customers in a friendly and professional manner. Efficiency, attention to detail, and accuracy are vital traits for tellers as they must handle sizable amounts of money and documents daily.
With the advent of digital banking, tellers may also assist customers with basic online banking services and provide guidance on using automated teller machines (ATMs) and self-service kiosks available at the branch.
-
• One who tells-see next entry.
• An officer in a banking establishment whose duty it is to pay money on cheques or bills; one who numbers or reckons votes in a division in a deliberative assembly, as in Parliament.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for TELLER
Etymology of TELLER
The word "teller" has a Germanic origin. It can be traced back to the Old English word "teollere", which means a person who counts or reckons. This Old English term is derived from the Proto-Germanic word "talōną", which means to count or reckon. Ultimately, the word can be linked to the Proto-Indo-European root word "del-", meaning to reckon or count.
Similar spelling words for TELLER
Infographic
Add the infographic to your website:
