Account (noun) - A record of the money that a customer has in the bank, Account number (noun) - A unique number that is used to identify a bank account, Advisor (noun) - A staff member who helps customers, ATM (noun) - Automated teller machine/Cash machine is a device that gives money and can be used to do other account transactions, ATM card (noun) - A small plastic card that an ATM uses to identify a customer and their account. Same as a bank card, Balance (noun) - The amount of money in an account: could be positive or negative, Bank charges (noun) - Money to be paid to the bank to use certain services or as a fine if a mistake is made, Bank manager (noun) - The person who is in charge of a branch of the bank, Bank services (noun) - The products that a bank offers, Bank statement (noun) - Either a paper or electronic summary of the money paid into or out of an account that month, Borrow (verb) - To get money from a bank now that a person does not own and so has to pay back to the bank at a later time, Branch (noun) - The bank or the building where customers use the bank services, Cash (noun) - Money in the form of notes or coins, Cheque (UK)/Check (US) (noun) - A written order telling the bank to pay or transfer money to someone, Counter (noun) - The area in a bank where the tellers work, Credit card (noun) - A small plastic card that can be used to buy items. The balance has to be paid once at the end of the month, Credited (adjective) - To add money to a bank account, Current account (noun) - A bank account that is designed for everyday use, Debit card (noun) - A small plastic card that can be used to pay for items without giving the seller cash directly. The money is taken from the account immediately, Deposit (verb) - To give the bank money to be added to the customer’s account, Identification (noun) - An item that proves your identity, such as a passport or driver’s license, Interest (noun) - 1) The money that needs to be paid each month for borrowing money from the bank, usually a percentage of the total. 2) The money the bank pays its customers for depositing money with them, usually a percentage of the total, Loan (noun) - Borrowed money that is received now but needs to be paid back, often monthly, with interest added, Main branch (noun) - The biggest branch of a bank in a city that offers the most services, Payee (noun) - Someone who is paid money, Paying-in slip (noun) - A piece of paper that a person gives with a bank deposit to show how much money he or she is putting in an account, Savings account (noun) - An account used to save money. It often has a higher rate of interest and penalties for withdrawing money, Standing order (noun) - An instruction to the bank to pay the same person or company the same amount of money on a regular schedule, often monthly, Transaction (noun) - Any situation where money is deposited or withdrawn from an account, Withdraw (verb) - To take money out of an account,
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BANKING VOCABULARY
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Teacherkara9
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