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Banking Terms

Put each of the following words or phrases in the correct gap. Some of the words are used more than once.

statement, period, opening balance, automated payroll, closing balance, deposit, withdrawal, credit, debit, savings account, checking account, interest, ATM (Automated Teller Machine), PIN Number, withdraw, insufficient funds, bounce a check, fee, charge,

Some people find reading their banking very difficult. The statement is usually based on a month's of time. It usually begins with the of the previous month, includes any or and finishes with the Many people are paid directly into their account by using If the bank you any for services rendered, you will also see these listed on your . All withdrawals are called , while all payments are considered . A usually gains over time. However, there are some that also give interest these days. One of the most popular ways to money these days is to use the . To use this machine you need to insert your which gives you access to your account. If there are you will not be allowed to . In fact, one of the worst things you can do is to on your . This means that you have to pay the check. In this case, you are usually charged a rather high by the bank.
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