Key Vocabulary

teller

a person employed to receive and pay out money in a bank

withdrawl (W/D)

take money out of an account

deposit (DEP)

a) store or entrust for keeping

b) pay (a sum of money into a bank account, especially a deposit account)

savings

sums of money set aside

chequing account

a bank deposit against which cheques can be drawn

ATM

a machine at which to make banking transactions

loan

a sum of money lent at interest

mortgage

 

account (ACC)

 

advance (ADV)

 

certified cheque (CC)

 

charge (CHG)

 

credit (CR)

 

forward (FWD)

 

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