Banking Vicabulary II

What is a 'balance' in a bank account?

• The difference between credits and debits in an account

• The amount of money that can be withdrawn

• The interest paid on a loan

• The cost of banking services

What are 'bank charges'?

• Money withdrawn from an ATM

• Money received from interest

• Money paid to a bank for its services

• Money deposited in an account

What is a 'bank branch'?

• A document to withdraw money

• A type of credit card

• A type of savings account

• A local office of a bank

What is a 'check'?

• A type of debit card

• A written order for a bank to pay a sum

• A document to deposit money

• A record of transactions

What does 'credit card' mean?

• A card for electronic transfers

• A bank identification card

• A card that allows purchasing goods on credit

• A card for withdrawing cash

What is a 'current account'?

• An account that generates high interest

• A bank account from which money can be withdrawn at any time

• An account for long-term deposits

• An account that can only be used online

What is a 'deposit'?

• Money that is withdrawn from an account

• Money that is added to a bank account

• A type of loan

• A service charge

What is a 'loan'?

• Money that is lent and must be repaid with interest

• A fee for overdraft

• Money that is saved in the bank

• A type of savings account

What is 'online banking'?

• Managing a bank account over the internet

• A type of credit card

• A type of loan

• A customer service

What is an 'overdraft'?

• A type of debit card

• A service charge

• A deficit in a bank account

• A type of savings account