9 terms

Banking 1 - CLB3

to deposit
Put money into an account
to withdraw
Remove money from an account
a transaction
a business deal: goods, services or money are passed from one person to another
credit card
a card that let's you borrow money to pay for services
to borrow
to take money from someone and agree to pay it back
a bank account
you deposit your money into this
a bank statement
a list of deposits, withdrawals, and bank balances sent by a bank every month
service fees
money the customer pays for a service
a withdrawal
the removing of money from an account

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