What do you call a person who is authorized to receive or pay out money at a bank?

The individual authorized to receive or pay out money at a bank is known as a teller. A teller is typically responsible for handling transactions directly with customers, such as accepting deposits, processing withdrawals, and managing cash. They serve as the primary point of contact for clients performing banking transactions at the branch level. This role requires a strong understanding of banking regulations, customer service skills, and the ability to accurately process financial transactions. Other positions like accountant and banker play different roles; for example, accountants manage financial records rather than engage in direct transactions with customers, while bank managers or officials oversee operations rather than conduct day-to-day monetary exchanges directly with clients.