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3. Underline the correct word.

1. When I got my first job, I chose to open a current account/a deposit account since I wanted to use it for my day-to-day banking needs.

2. A current account/a savings account wouldn't allow people to withdraw money whenever they need it.

3. Banks give customers a chequebook/a credit card which allows them to write checks to pay for goods and services

4. A bank card/a chequebook allows customers to withdraw cash from an ATM.

5. Leila wants to deposit/cash her check because she needs the money right away.

6. I am going to buy currency/ traveler's checks because I don't want to carry cash when I go to Paris.

7. Jane's salary is deposited/withdrew directly into her bank account.

4. Choose the correct answer to fill in the gap.

1. I need to ________ at the bank because I'm going overseas on business, and I want to take some of the local currency with me.

a) withdraw money

b) exchange money

c) buy traveler's checks

2. You ought to _________ to store your valuables and important documents in a secure location.

a) rent a safety deposit box

b) open a savings account

c) pay your bills online

3. My father is trying to ________ to pay for the construction of a new room to our house.

a) take out a loan

b) pay off a loan

c) review his bank statement

4. If you go abroad you don't have to take a lot of cash with you. Instead, you can take _______ cheques with you, which are accepted in most hotels, restaurants and shops all over the world.

a) tourist

b) traveller's

c) travel

5. I don't get paid in cash. My salary is paid into my bank ________ .

a) deposit

b) debt

c) account

6. The long-term loan you take from a bank to buy a house or flat is called a ____ .

a) mortgage

b) overdraft

c) arrears

7. "Here's a ten-pound _______ ". - "Your change, Sir".

a) invoice

b) bill

c) note

8. I don't have any cash on me. Can I pay with my ______card?

a) deposit

b) credit

c) expenditure

9. I'm trying to __________ at least 20% of my earnings into my savings account so I can buy a car.

a) withdraw

b) deposit

c) steal

10. If you don't have enough money to for college, you can consider taking out a student ______ to pay for expenses.

a) loan

b) deposit

c) bill

Grammar in Use Tenses Revision

5. Fill in the correct tense.

1. I never (owe) money to the bank.

2. The savings account (pay) 2% interest per year.

3. She (spend) too much money. She's already got an enormous overdraft.

4. He needs some cash. (Be) there a cashpoint near here?

5. She hasn't got any cash with her. She (need) to go to the bank.

6. Steve's got quite a few debts. He (borrow) money from the bank and several of his friends.

7. If you (want) to buy a new car, why not get a loan from the bank?

8. Interest rates (be) very low. Why don't you borrow the money from the bank?

9. He (to be going) to the bank to pay in this cheque.

10. She'll have to stop spending so much money. She already (overdraw) by over £ 300.

11. If you were prepared to take more risk, you (get) higher interest on your investment.

12. The company (pay) his salary straight into his account at the end of every month.

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