Banking and Payment Methods

Front

Plastic card payment method for spreading cost over months

Back

Credit Card

Front

Joe's business needs for bank services

Back

Internet Banking

Front

Financing purchase of new business premises

Back

Mortgage

Front

A business wants to make quarterly payments for gas and electricity with varying amounts.

Back

Direct Debit

Front

Payment method for £250,000 by a solicitor representing a client buying property.

Back

Cheque

Front

Contactless system for making small payments under £20 without swiping a card.

Back

Tap and Go

Front

Adding specific words to a cheque is an instruction for the bank.

Back

The cheque should only be paid into a bank account held in the name of the payee.

Front

Banks offer a facility for business customers outside normal banking hours.

Back

The facility allows them to bank monies using a post-date/account payee/debit card/night-safe.

Front

Storage of financial documents.

Back

Documents like cheque books and bank statements should be kept in a lockable drawer or safe.

Front

Telephone and internet banking service.

Back

It enables customers to access their accounts 24/7, 365 days a year.