1. Banking products and operations

3. withdrawal A withdrawal in a bank / withdraw money = to take money out of a bank account

4. deposit = To put money on a bank account

5. Current account = Bank account from which money may be drawn at any time

6. savings account/ deposit account = Bank account on which interest is paid

7. Fixed term deposit = Deposit of which the interest rate is fixed for a certain period of time

8. Standing order To pay bills by standing order = An instruction to a bank to make regular payments

9. To check the balance = To check the difference between credits and debits in an account

10. To check transactions

11. Balance enquiry = To check/to consult a balance

12. Bank loan = Money lent by a bank, that must be repaid with interest

13. Revolving credit account

14. mortgage = Secured loan where property is used as security for the payment of the debt

15. discount

16. Credit card = Bank card authorising the purchasing of goods on credit

17. Debit card = Bank card with direct access to a card holder’s account, used to withdraw cash from an ATM or to make purchases at merchant locations