G. Match the words with their definitions

a) balance deficit in a bank account caused by withdrawing more money than is paid in
b) bank charges written order to a bank to pay the stated sum from one's account; chequeUK
c) checkUS bank a/c from which money may be drawn at any time; checking accountUS
d) credit card a sum deducted from a bank account, as for a cheque - alsov
e) current account an instruction to a bank to make regular payments
f) debit small document recording money that you pay in to a bank account
g) deposit account bank a/c on which interest is paid; savings accountUS
h) loan money in a bank a/c; sum added to a bank a/c; money lent by a bank – also v
i) overdraft (plastic) card from a bank authorising the purchasing of goods on credit
j) standing order the difference between credits and debits in an account
k) withdraw to take money out of a bank account
  money paid to a bank for the bank's services etc

H. Supply prepositions where necessary.

as/about/by/during/for/from/in/into/of/on/on behalf of/out /to/ through/with

1) Commercial banks of Russia have developed... the past few years.

2) The Central Bank acts... the Government and works... close cooperation with the other banks of Russia.

3) It is... the Central Bank that the Government's monetary policy is implemented.

4) Savings banks receive money... their customers in two forms:... current account and deposit account.

5)... a current account a customer can issue cheques.

6) No interest is paid... current accounts.

7) Commercial banks receive money... savers... current and deposit accounts.

8) They work... profit and earn interest... the bank.

9) The man decided to open an account... the bank and to put some monеу... his account. He asked the bankers... the interest he might get... his money. Then he decided to draw... some dollars. He intended to transfer his money... another bank because the bank's charges... all services are rather high…

10) I’d like to buy some foreign currency and change roubles... dollars. Here is a cheque... roubles. It is a cheque... 1000000 roubles... my name.

I. Revise comparing and contrasting phrases and compare the following.

Saving account and checking account; merchant bank and clearing bank; deposit and withdrawal; cheque and credit card; loan and overdraft, primary and secondary functions; e-banking and traditional banking, loan and advance


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