1. Bank

2. Bank Account You can be any age to have a bank account You have to be 16+ to be able to use online banking Opening a bank account is free

3. To open a bank account you need.. Proof of address – utility bill etc Proof of identity – passport If you are under 16 you need an adult to sign the documents for you

4. Utility Bill

5. Withdrawing money When you open a bank account you receive a card You can use this card to withdraw money from a cash machine You need to use your PIN code to withdraw the money

6. The Most Popular Banks in the UK HSBC Lloyds TSB NatWest Barclays Santander Halifax

7. A Loan You can get a loan for your bank This is where you borrow money, but you HAVE to pay it back Often it isn’t a good idea because it has very high interest For example, if you borrow $1,000 you have to pay the back $1,100 back