2. • A bank is used to put your
money to keep it safe until you
are going to need it.
• Everyone will be getting their
own bank accounts, which
means no one could use
someone else.
• A statement is a paper which
tells you how much money you
own in your account.
• Building society is other
meaning of bank
3. In my opinion, there are lots of good reasons of having a bank account.
• keep your money safe
• pay bills
• pay your benefits into
• get your wages
• plan your own future
• check your balance
4. when you are ready to choose a bank, talk to your advocate,
your friends, ask them for help.
it will be easily transferring money as soon as you are using the
same bank as your friends or family .
talk to the customer adviser in the bank that you might like to
open an account with
The word ‘bank’ It also means building society
Each person has a separate bank account. No one
else can put their money in your bank account. It is
just for you .
5. • This could mean that if u borrowed 100, you
might have to pay back the 100 and extra 20.
That would be a total of 120 that you own.
• This could mean that if u have 100 in a saving
account then the bank would you 5 by the end of
the year. You would then have a total of 105.
• With some bank account, if you keep money in
there, after a while the bank will pay your
interest. This means that the bank will add some
extra money to yours.
6. Attached is my bank account
statement sheet. It clearly shows my
account summary, transaction details
and also it gives me the contact
information which could be used
when something is wrong in my
account. Moreover here is my credit
card down to the bottom.
I usually get my bank account
statement sheet once per month and
it tells my the interest I got from the
bank.