Vocabulary

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1 Balance: The difference between credits and debits in an account.
2 Bank Charges:Money paid to a bank for the banks services etc.
3 Branch: Local office or bureau of a bank.
4 Checkbook: Book containing detachable checks.
5 Check: Written order to a bank to pay the stated sum from ones account.
6 Credit: Money in a bank a/c; sum added to a bank a/c; money lent by a bank - also.
7 Credit Card: Card from a bank authorising the purchasing of goods on credit.
8 Current Account: Bank a/c from which money may be drawn at any time.
9 Debit: A sum deducted from a bank account, as for a cheque - also.
10 Deposit Account: Bank a/c on which interest is paid.
11 Fill in:To add written information to a document to make it complete.
12 Interest: Money paid for the use of money lent - interest rate.
13 Loan: Money lent by a bank etc and that must be repaid with interest - also.
14 Overdraft: Deficit in a bank account caused by withdrawing more money than is paid in.
15 Pay in:[paid, paid] To deposit or put money in to a bank account.
16 Payee: Person to whom money is paid.
17 Paying-in slip: Small document recording money that you pay in to a bank account.
18 Standing Order: An instruction to a bank to make regular payments.
19 Statement: A record of transactions in a bank account.
20 Withdraw:[drew, drawn] To take money out of a bank account.


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