Professional Documents
Culture Documents
Administracin de Empresas
Divisin Carrera
SESSION 15
BANKING
The banking sector in the United Kingdom is made up of a variety of institutions
supervised by the countrys central bank, The Bank of England. This bank looks after
the governments finance and monetary policy and acts as banker to other banks.
However, for the general public and many businesses, banking services are provided
by commercial banks, or clearing banks, which have branches throughout the country.
These banks offer a wide range of services which include accepting deposits, making
loans and managing customers accounts. Merchant banks, on the other hand, do not
deal with the public but specialize in services for companies or corporate customers.
They are particularly active in arranging mergers and acquisitions and in advising on
aspects of corporate finance.
1.
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
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Carrera Profesional de
Administracin de Empresas
Divisin Carrera
3. Complete the passage using words from the box and the information in the bank
statement below.
Credit
account
cash
Payment
balance
deposit
Debit
debit card
transactions
cheque
Jane Sadler opened her ____________ with the Medway Bank on 28 th January with a
cash ____________ of 300 pounds. On 15th February she wrote a _________ for 53.25
p. And this appeared as a _________________ on the bank statement on 20th
February. On 22nd February she took out 60 pounds in __________ from a cashpoint
machine. On the following day the bank debited 33.50p from her account for a
____________ she had made using her __________ . Her monthly salary was paid
directly into her account and this appeared as a _____________ of 802.20 p. On 26 th
February. There were no further _______ on her account and she finished the month
with a _________ of 955.45p.
4. Match the verbs on the left with the nouns on the right to form common banking
collocations
a) open
i. Interest
b) purchase
ii. Bills
c) earn
iii. Funds
d) make
iv. An account
e) withdraw
v. A deposit
f) pay
g) transfer
vii. Cash
h) download
viii. Goods
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Divisin Carrera
Carrera Profesional de
Administracin de Empresas
a) The Citicard allows you to ____________ take out money from cashpoints around
the world
b) With Citibank, you can _______________ receive a percentage on your current
account balance
c) Just fill out and return the application form or call a Citibank Representative to
__________ set up a banking arrangement
d) You can ____________ put money into your account by post at Citibank branches
and Citicard Banking Centers.
e) On-line banking services let you _____________ move money from one account to
another quickly and easily
f) All you need is a modem or Internet connection to __________ transfer account
information onto your personal computer
g) Just by using the key pad on your phone, CitiPhone Banking lets you ___________
settle invoices from wherever you are
h) The Citibank Euro Account allows you to ______________ buy products in local
currencies without paying any exchange rates.
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Divisin Carrera
Carrera Profesional de
Administracin de Empresas
Exercise 6: Banks offer a wide range of services. Match each need to each leaflet.
1. How can I get money when the bank is closed?
1. Id like to buy a new car
2. I want to pay $200 a month to my mother
3. I need some cash when I arrive at Tokyo Airport
4. How can I be sure to have enough money when I retire?
5. Could the bank be in charge of my will?
6. I want to save and get a good return on my money
7. I may be in debt next month
a) Standing orders
b) executor services
c) overdraft facilities
d) personal pensions
e) cash cards
f) personal loans
g) high-interest deposit accounts
h) foreign currency
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