You may be charged a transaction fee, however, for using another banks machine. Be sure you understand your bank s policies on the use of ATM s. You will be required to sign each check at the bank to insure that it is your signature on the check. If lost or stolen, traveler s checks can be replaced. DO NOT keep them out in the open.
Many people find it wise to keep some traveler s checks aside for use in an emergency.
Ask your bank representative to explain how to use traveler s checks, including the record-keeping procedures. This service is useful for individuals who do not have checking account. Direct Deposit Direct Deposit service is available to Wesleyan graduate students who receive stipends. Direct Deposit provides you with the option of having your bi-weekly paycheck automatically and directly deposited into your bank account on the scheduled payday. A confirmation slip, verifying the amount deposited, is sent to your mailbox.