AT THE BANK VOCABULARY

What do you call a financial establishment that invests money deposited by customers.

• BANK

• ATM

• BANK TELLER

• DEPOSIT

What do you call the device that gives money and can be used to do other account transactions.

• BANK

• ATM

• BANK TELLER

• DEPOSIT

A person who works at the bank counter and accepts and gives out money to the bank’s customers.

• BANK MANAGER

• ONLINE COSTUMER SERVICE

• BANK TELLER

• SECURITY GUARD

What are the two types of BANK ACCOUNT?

• Withdrawal and Deposit

• Savings and Checking account

• Cancel and Transfer account

• Personal and Group account

SAVING ACCOUNTS are primarily for accessing your money for daily use.

• TRUE

• FALSE

What is usually the principal reason for a cheque/check bounce?

• Bank account

• Branch of the bank

• The bank doesn't have sufficient money

• insufficient funds from the account

Making a ____________means that you're putting money in a banking institution for safekeeping or for other purposes.

• Withdrawal

• Cancellation

• Transfer

• Deposit

When you cancel your bank account you will also lose the money left on it.

• TRUE

• FALSE

___________ involves removing funds from a bank account, savings plan, pension, or trust.

• Deposit

• Transferring of account

• Opening an account

• Withdrawal

What do you call an act when an account holder moves funds from one account to another, say from a checking account to a savings account?

• Cancel account

• Mortgage

• Transfer

• Bounced Check