ANG2ºnking products

Banking Products

Complece the cexc using chese words:

*?a^,5trdispensers	cheque	â–  -creditcafd
curFeni-accmrnr	-depc^tł-aeGewU	foreign cjrrency
-UÅ‚vestment advtce		mortgr-^e
overdraft		-staAdłfłf-cicder

W f

My salary :s paid direcdy inco a low-inceresc (1).............I can wichdraw money from aucomacic

(-) —’• • • wich a cashcard, so ! hardly ever acrually go inco a bank. I pay regular, monchlv biils by way of a (3P.-.*;ęhe bank pays chem according co my insrruccions, and debics my accounc.

I pay irregular bills by (4) .V.x. £v. ;    . . Nearly everyone I know in Bricain has a cheÄ…uebook, buc

when I !ived on che Concinenc, I found c.ha,e people hardly used chem. Thry ofren paid cash. cr paid. ni lis ac a posc offtce wich a paying-in slip.

1 also have a (5) fvÅ‚ J. ... which is useful for ordering chings by posc or on che celenhone, and lor cravelling worldwide. I aiso use ic in shops and rescaurancs, buc ery noc co spend morÄ™ chan I can pay when che bill comes a month lacer, as chis is a very expensive way of borrowing money, The annual inceresc is exorbicanc - well over 20%.    - (ras,*    Kkrcm;ots*

I used co have a (6)...........in a butlding sociecy which paid higher inceresc chan che currenc

accounc ac che bank, buc had rescriccions as co how and when I could wichdraw my money. Buc chen we bcughc a flac. I goc a 90% (7) M\°y. :. f*. â– . . from che building sociecy: i.e. we had co pay a deposic of 1 0% wich our own savings.

Thac is why I have no morÄ™ money and no morÄ™ deposic accounc. In face I have arranged an (8).•.!. wich che bank, which means I can occasionally wichdraw morÄ™ money chan is acruallv in mv accounc. Inceresc is calculaced daily. Lasc year I asked che bank for a (9) .    ... co buy a

car. I (oniy!) wanced cwo monchs salary, buc chey refused. Since I don’c !ike che high inceresc races cnac che garages hire purchase people charge, I boughc a cheap second-hand car inscead.

I always use che bank co buy (10) (W. i .... ^. when I go abroad, because cheir races are beccer chan che bureaux de change. I don’c like crayeilers’ cheÄ…ues, and I’ve never had my monev sreien - yer.

My bank is also always erying co sell me a privace (11)........... plan, for when I recire, buc

l’m noc inceresced. They also keep offering me (12)...........abouc shares, bonds, unie cruscs, mucual

funds, and so on. Tney don’c seem co reali:e chac if I could afford co buy all chese chings, I woutdn’c need an overdrafc.