debshoganteaching Draw a Table with 9 Cells Pick 9 terms from the Table Below The 1 st one to cross off all nine terms WINS money currency Credit card Charge card Store card ATM card ID: 706706
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Slide1
Business Bingo
BankingBy: debshoganteachingSlide2
Draw a Table with 9 Cells
Pick 9 terms from the Table BelowThe 1st
one to cross off all nine terms WINS!!
money
currency
Credit card
Charge cardStore cardATM cardVisa Debit cardDeposit accountCurrent accountCheque Drawer Payee Drawee Stale chequePost-dated chequeEndorsing a chequeBank reconciliation SODDCTPaypath CARDIRTSimple interestDishonoured chequeSlide3
Definitions
An instruction given to a bank to pay a fixed sum of money on a fixed date each month.
When the bank moves money from one customer’s bank account to another.
An employer pays a worker’s wages into the worker’s bank account electronically.
When interest is calculated on the original sum plus interest earned to date.
Tax on deposit interest that is retained by the bank and handed on to the government.
Cash: it consists of notes and coins.Issued by big shops and garages e.g. top oil Knows as laser card, used to make electronic payments at the till.An account where a person puts in money to receive a return called interest.Slide4
Also known as a cheque book account.
The person who signs the cheque.
The bank the cheque is drawn on.
A cheque that is more than 6 months old.
A cheque that is dated sometime in the future.
A way of making the cheque safer by restricting its movements.
Passing on a cheque to someone else by the payee signing their name on the back of the cheque.A cheque that the bank refuse to accept because it’s out of date, no money in the account etc.Slide5
Standing order (SO)
Credit transfer (CT)
PaypathCAR (compound annual interest)
DIRT
Currency
Store card
Visa Debit cardDeposit/savings accountCurrent accountDrawer Drawee Stale chequePost-dated chequeCrossing a chequeEndorsing a chequeDishonoured cheque