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Real Life: Banking (2)

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Q1

Banks are closed in the evenings and on holidays but people can usually use ..... machines in order to withdraw funds or do other types of banking 24 hours a day.

Q2

A ..... check is a type of check that is guaranteed because the bank has already withdrawn the funds from the customer's account.

Q3

A ..... is a guaranteed certificate of debt that is issued by the government; whereby, the issuing party promises to pay back the original amount of investment in addition to interest.

Q4

Most credit cards come with an imposed ..... so that credit card holders can only spend to this specified amount.

Q5

Money that is issued by another country and can be exchanged into local funds is called foreign ......

Q6

Money and other valuables are usually transported to banks via an ..... truck or vehicle.

Q7

Most banks have very strong, steel rooms called ...... These are situated in inconspicuous places and they keep large amounts of cash and other valuable items in them.

Q8

A rate of ..... is a percentage of money that is made or lost in an investment situation and is dependant on the amount of money invested and the interest rate that was specified.

Q9

A ..... account is a type of savings account in which funds are deposited by an account holder; however, the funds are then made payable to a beneficiary at some point in the future. For example, some parents might open this kind of account for their children and will then give them the funds when they are older and more responsible.

Q10

A ..... account is a type of account in which two or more people have signing authority.

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