Business English >> Elementary Vocabulary >> Banking Words Exercise

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Elementary Vocabulary

Banking Words Exercise

Answers:

1. You need a bank account to save and manage your money at the bank.

2. If you don't have enough money, you might ask the bank for a loan.

3. When you want to put money into your account, you make a deposit.

4. To take money out of your account, you withdraw it.

5. You can check how much money you have in your account by looking at your balance.

6. If you don't have cards, you can use cash to pay for things.

7. To move money from one account to another, you transfer it.

8. A cheque is a written order to the bank to pay a specific amount of money from your account to another person or company.

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