Banking

What is CENTRAL BANK?

• a bank that does business with companies rather than with people

• a bank with branches in many different places that offers services to people and business

• a bank that provides services to a national government and controls the amount of money in the national economy

What is COMMERCIAL BANK?

• a bank that does business with companies rather than with people

• a bank with branches in many different places that offers services to people and business

• a bank that provides services to a national government and controls the amount of money in the national economy

What is MERCHANT BANK?

• a bank that does business with companies rather than with people

• a bank with branches in many different places that offers services to people and business

• a bank that provides services to a national government and controls the amount of money in the national economy

You talk about the local "agency" of a high-street bank.

• TRUE

• FALSE

A joint account is held by more than one person.

• TRUE

• FALSE

An account for saving money is called a safe account.

• TRUE

• FALSE

If you put 1 000 euros into a new account and spend 1 100 euros, you have an overdraft of 100 euros and you are 100 euros in red.

• TRUE

• FALSE

If you pay for something with a credit card, you can say informally, that you use plastic to pay for it.

• TRUE

• FALSE

What can you see in the picture?

• ATM

• bank statement

• cash

• Internet banking

• pay card

What can you see in the picture?

• ATM

• bank statement

• cash

• Internet banking

• pay card