What do you give the bank when you open a bank account?. Cheque guarantee card is……… 6.. When using a debit card to make payment,……….. If your credit card is lost or stolen, your account
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MID-TERM TEST (BANKING 1) Time: 45 minutes
I Rewriting the following sentences
1 “Please contact our account department” – said the secretary
The secretary………
2 They offered to exchange the goods and give us a discount Not only………
3 What do you give the bank when you open a bank account? What is………
4 I couldn’t afford to buy that house That house………
5 How long is it since you banked with us? When………
6 I’ve opened this deposit account for 5 years I………
7 The customer filled all details on the form The cashier gave him the money After………
8 I would like to pay by cheque Do you mind………
9 If you don’t have a good financial situation, you can’t take out such a big loan Unless………
10 Mr Black wanted to borrow some money but he didn’t have any guarantees If………
II Completing the following sentences 1 Banks are always looking for new banking services to………
2 PIN number should………
3 Balance is………
4 With a credit limit you can………
5 Cheque guarantee card is………
6 When using a debit card to make payment,………
7 If your credit card is lost or stolen, your account can’t be used by another person, provided that………
8 If the bank thinks the customer is a bad risk, it’ll………
9 You pay customers whose money is………
10 From the customers’ point of view, plastic money is a safe way to………
III T/F statement – Correct the false ones
1 Credit card companies provide credit cards for all customers
2 Can I pay for this by cash?
3 How much you need to open a bank account?
4 A cheque card can only be used with a cheque
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5 Using a credit card, customers have to pay lower prices of goods and services
6 The retailer checks card in computer terminal to check which card it is
7 The bank is providing a minumum rate of 7% for the loan
8 All banks provide the same automated teller services
9 Money paid into a bank is cash
10 The person who receives and hands out money in a bank is a cashier