Introduction: This online exercise on bank vocabulary, looks at and explains the English vocabulary used for both having and using a bank account.


Juan:'And if I use more money than is in my bank account. What happens?' Peter



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BANK ACCOUNTS 1 COURSE

Juan:'And if I use more money than is in my bank account. What happens?'
Peter:'When you withdraw or use more money than is in your bank account, you are what is called overdrawn. If this happens, you won't be able to withdraw any more money from the account and the bank will charge you money (you have to pay them some money).'
Where ever you go in the world it is likely you will need to use ESL banking vocabulary. No matter where you are, you will need to be able to access money.

  • Account - A record of the money that a customer has at the bank. (noun)

  • Account number - An unique number that is used to identify a bank account. (noun)

  • Advisor - A staff member who helps customers. (noun)

  • ATM - Automated teller machine/Cash machine – A device that gives money and can be used to do other account transactions. (noun)

  • ATM card - A small plastic card that an ATM uses to identify a costumer and their account. Same as a bank card. (noun)

  • Balance - The amount of money in an account: could be positive or negative. (noun)

  • Bank card - A small plastic card that an ATM uses to identify a costumer and their account. Same as an ATM card. (noun)

  • Bank charges - Money to be paid to the bank to use certain services or as a fine if a mistake is made. (noun)

  • Bank manager - The person who is in charge of a branch of the bank. (noun)

  • Bank services - The products that a bank offers. (noun)

  • Bank statement - Either a paper or electronic summary of the money paid into or out of an account that month. (noun)

  • Borrow - To get money from a bank now that a person does not own and so has to pay back to the bank at a later time. (verb)


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