What are the advantages of having a debit card from Panola National Bank?
• Convenience- You can pay from your Panola National Bank checking account at places where checks are not accepted. Debit cards are more readily accepted than checks, especially when you are traveling. • Detailed Records- You get detailed records of your transactions. The purchase date, merchant’s name and more is provided on your Panola National Bank checking account statement. Using Your Debit Card There are two options you have available to you when you use your debit card. When you swipe the card through the reader, you will select a “credit” or “debit” button on the reader. The “debit” option works like an ATM (automated teller machine) transaction. It is an immediate electronic transfer of money from your bank account to the merchant’s account. To access your account at the store terminal, you must enter in your Personal Identification Number (PIN) as you would at an ATM. The system checks your account to see if it has enough money available to cover the transaction. This option