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Lesson1

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  • 1. Key question: How can we open and manage a bank account? http: //moneysense . natwest .com/schools/students/managing-your-money/what-is-banking/what-do-you-think http://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/case-study-pros-and-cons http://rbsmoneysense.co.uk/rbs/11to14/bankonit/using_an_atm.asp?page=MONEYSENSE/11_TO_14/BANK_ON_IT/ITS_YOUR_TURN_TO_GET_BANKING/USING_AN_ATM
  • 2. What do banks have inside them? What do banks have outside them? What is a bank?
  • 3. Key words A. Bank account B. Interest C. Statement D. Standing order Definitions 1. A letter that tells you what money has gone in and come out of your bank account 2. Money paid to you for having money in the bank 3. A place to put your money 4. A way that money can come out of your account every month
  • 4.  
  • 5. What do banks do?
  • 6. Banks have money to give away False
  • 7. Banks will help you manage your money True
  • 8. Banks will lend money to people under 18 False
  • 9. Banks tell their customers how much money they have in the bank True
  • 10. Banks give all their customers cheque books and bank cards False
  • 11. Banks print all their own money False
  • 12. Banks look after your money True
  • 13. Banks are businesses and employ people True
  • 14. Banks will lend you money for free False
  • 15. Banks charge you interest if you borrow money from them True
  • 16. Banks help you to save up True
  • 17. Banks will lend money to anyone False
  • 18. Banks will organise your holidays for you False
  • 19. You can post letters at the bank False
  • 20. You have to be 18 to use a bank False
  • 21. Using a bank account means you don’t have to carry cash all the time True