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Bank Account Services and Features

Bank Account Services and Features

Assessment

Interactive Video

Business, Life Skills

7th - 10th Grade

Practice Problem

Hard

Created by

Mia Campbell

FREE Resource

Frances Roberts, an accounts manager, assists Mark Johnson and his wife Lynn in opening a checking account. They discuss the initial deposit, account features, and additional services like overdraft protection. Frances explains the bank's ATM services and monthly statement schedule. The process concludes with instructions for endorsing a check and completing the deposit.

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is Frances Roberts in the conversation?

A customer

Mark's wife

The Accounts Manager

A bank teller

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account do Mark and Lynn want to open?

Checking account

Business account

Joint account

Savings account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money do Mark and Lynn plan to deposit initially?

$1300

$1000

$500

$800

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional service is offered for a $7.00 monthly fee?

Free ATM withdrawals

Free international transfers

200 personalized checks and overdraft protection

Higher interest rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the overdraft protection amount offered?

$700

$200

$300

$500

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When are the monthly statements sent out?

Tenth of every month

First of every month

Last day of every month

Fifth of every month

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What service is available at the side of the building?

24-hour ATM

Drive-through service

Customer service desk

Currency exchange

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