Prepare for the IBC Teller Training Test. Use flashcards, multiple choice questions with hints and explanations. Ace your exam!

Multiple Choice

What is the value of a clip of 1's?

A clip of 1's represents a small bundle of one-dollar bills. In teller training, a clip typically contains 25 notes. Multiply 25 by the value of each note ($1), and you get $25. So the clip of ones is worth $25. (For context, a larger bundle called a strap would be 100 one-dollar bills, totaling $100, but that’s a strap, not a clip.)

A clip of 1's represents a small bundle of one-dollar bills. In teller training, a clip typically contains 25 notes. Multiply 25 by the value of each note ($1), and you get $25. So the clip of ones is worth $25. (For context, a larger bundle called a strap would be 100 one-dollar bills, totaling $100, but that’s a strap, not a clip.)