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Job Description for Bank Tellers

A bank teller works at a financial institution where they receive, pay out, and keep record of various money and negotiable instrument transactions.

  1. Teller Job Overview

    • Bank tellers receive money, pay out money, cash payroll checks, exchange foreign currency, receive loan payments, issue gift cards, reorder checks, and issue traveler's checks.

    Bank Teller Education & Training

    • A bank teller must have a high school diploma and typically some clerical experience.

    Bank Tellers & Cash

    • Bank tellers are responsible for large sums of money; the daily cash limit in their drawer can be up to $20,000. The large sum of money for which bank tellers are responsible causes many banks to insure their tellers against possible losses of money through either error or theft.

    Bank Teller Jobs

    • The U.S. Bureau of Labor Statistics states that bank tellers held about 558,000 jobs in 2004. According to the BLS, bank teller jobs will grow at a slower rate than the average for all occupations through 2014 because of increased use of automatic teller machines, automated systems, banking over the Internet, and banking over the phone.

    Bank Teller Salary

    • According to U.S. Bureau of Labor Statistics, the median income for bank tellers is in the lower $20,000 dollar salary range.

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