3. Operating an account

3. Operating an account

1. deposited some money ———– I paid in some money.

2. withdrew some money ———– I took out some money.

3. The funds have been transferred ———– The money has been sent.

4. My account is overdrawn. ———- I am in the red.

5. It is paid by standing order. ———- It goes out if my account every month.

6. My account was debited. ———- It went out of my account.

7. My account was credited. ———- It went into my account.

8. I used an ATM. ———- I went to a cash point.

9. I made a balance enquiry. ———- I checked my balance.

 

Payee, logo, amount in words, amount in figures, check number, sort code, account number, signature

1.      After they have been paid in, checks usually take three working days to ________.

a. pass                 b. credit                 c. clear

2.  When I write out a check, I keep a record by filling in the ________.

a. receipt               b. invoice               c. counterfoil

3.  If you do not have a check book, you can pay by getting a ________ from a branch of your bank.

a. banker’s draft         b. bank paper             c. bank ticket

4.  Unlike a personal cheque , a banker’s draft can not ________.

a. be rejected            b. bounce                  c. crash

5.  A banker’s draft is also known as a bank draft or a ________.

a. banker’s check        b. banker’s note           c. banker’s ticket

6.  If you need to borrow money, you can apply to your bank for an ________.

a. overdraft possibility   b. overdraft facility        c. overdraft opportunity

7.  If you need to borrow more money from your bank, you can ask them to increase your ________.

A overdraft limit         b. overdraft level           c. overdraft supply

8.  if you wan to borrow money from a third party, you may have to supply a ________.

a. banker’s support        b. banker’s promise        c. banker’s reference

9.  A banker’s reference proves to a third party that you are ________.

a. moneyed               b. credit worth             c. rich enough

10. Regular automatic payments of the same amount(e.g. to charity) are called ________.

a. standing orders         b. direct debits             c. direct orders

11. Regular automatic payments of varying amounts(e.g. electricity bills) are called ________.

a. standing orders         b. direct debits              c. direct orders

12. With my saving account, I have to ________ 30 days notice if I want to ________ a withdraw.

a. say/do                     b. give/make              c. ask for/take

13. Many employees receive their salaries directly into their accounts by ________.

a. BACS payment              b. BATS payment       c. BAPS payment

14. BACS stands for bankers’ automated ________.

a. check system                b. cost system           c. clearing system

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