Answer Key

Vocabulary test

Drag & drop: Fill in the missing expression. Use the following words and phrases:
  • branch
  • standing order
  • balance
  • statement
  • authorization
  • overdraft
  • transfer
  • withdraw
  • accounts
  • deposit
  1. For very large cash withdrawals, it may be necessary to receive personal  [authorization]from the bank manager.
  2. I pay some of my bills, like my rent and electricity, by  [standing order] because it is easier than having to worry about it myself every month.
  3. Because my firm sometimes has to make large purchases without much notice, we have an  [overdraft] agreement with our bank in case we don't have enough funds in our account to cover them.
  4. It is safer to  [deposit] your money in a bank account rather than keep large amounts of cash at home or on your person.
  5. A few standard types of bank  [accounts] include checking, savings, and business.
  6. I would like to  [transfer] five thousand dollars from my personal account to my business account, please.
  7. I'm calling because I think that there is a mistake on the  [statement] that was sent to me. I'm sure that I didn't take any money from an ATM in Mexico this month.
  8. While it is possible to  [withdraw] from an ATM, it is not possible to deposit money there.
  9. Your  [balance] currently shows 27,984.89 dollars.
  10. One thing I like about my bank is that it has a  [branch] in every part of town, so that no matter where I am, I can deposit or withdraw money conveniently.