The document discusses how to open and manage a bank account. It provides definitions for common banking terms like bank account, interest, statement, and standing order. It explains what banks do, such as help customers manage their money, lend money (not to under-18s), tell customers their account balances, charge interest on loans, and help customers save up. Banks are businesses that employ people.
Here we are providing you the entire Banks name along with their Customer Care/Toll Free Number so that you can easily get the instant solution of your query.
Here we are providing you the entire Banks name along with their Customer Care/Toll Free Number so that you can easily get the instant solution of your query.
company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Banks: Banks are companies that are profit-driven. They are small banks and large banks. Banks are run by a Board of Directors that service the stockholders and those vested in the company.
4. Credit Unions: Credit unions are non-profit organizations Meaning any money they make in their business must be reinvested in the credit union They are smaller and usually locally based. They serve the community and are not profit driven Those who join a credit union are members and have a say in the major decisions at the credit union. www.lifethenfinance.com 4
5. Why bank at a Credit Union ? They service a smaller population of the community. Offer their clients better services. Offer higher-interest on savings accounts and lower rates on loans.
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