Banking Terms

Gap-fill exercise

Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. You can also click on the "[?]" button to get a clue. Note that you will lose points if you ask for hints or clues!

VOCABULARY WORDS & PHRASES

ATM (Automatic Teller Machine), automated payroll deposits, bounce a check, checking account(s), closing balance, charges, credits, debits, deposit, fees, insufficient funds, interest, opening balance, period, PIN number, savings account, statement, withdraw, withdrawal
Some people find reading their bank very difficult. The statement is usually based on a month's of time. It usually begins with the of the previous month, includes any or and finishes with the . Many people are paid directly into their account by using . If the bank you any for services rendered, you will also see these listed on your . All withdrawals of cash or checks are called , while all deposits are considered . A usually gains over time. However, there are some that also give interest these days. One of the most popular ways to withdraw money these days is to use the (Automatic Teller Machine). To use this machine you need to insert your which gives you access to your account. If there are you will not be allowed to . In fact, one of the worst things you can do is to on your . This means that you have to pay the check. In this case, you are usually charged a rather high by the bank.