UK pounds, notes, pence, pennies, coins, change
US dollars, bills, cents, dimes, quarters, change
How do we get money?
Where do you put it? Why not under the bed?
Imagine you find a job in the UK, how will you get paid?
You need a bank account!
I’d like to open an account. Is there a monthly fee? Is there an annual charge?
I don’t have enough money so I’d like to apply for a loan to buy a car.
My job pays me monthly, I have a monthly salary.
I own a car, I am the owner of a nice car.
-I don’t have a pen, can I borrow a pen?
-Sure, I’ll lend you a pen – don’t forget, you now owe me a pen
I don’t have enough money. So, I need to borrow some money. The bank will lend me some money.
I owe the bank 10k, I’m in debt to the bank. If I don’t pay them back on time I will incur a charge.
I have money, I am in credit! Can I put in/make a deposit, I would like to take out/ withdraw some cash, You have no funds in your account! I have no money! I don’t have any money!
Note: Debit and Credit Cards are different (ask your teacher)
opening a bank account
credit/debit, open, overdraft, apply, interest, charge/fee
I would like to _______ a bank account.
What is the annual _______ for this credit card?
Can I have a _______ card?
What is the _______ rate on the card / savings / loan?
I would like to ______ for a loan.
Is there an __________ facility?
Questions the Bank may ask
salary, living, job, proofs, gross, net, interest, identity, renting, lending, debts, interest, bill
What do you do for a _________?
May I ask, what is your monthly ______ ?
What was your _______ income last year?
Can I _______ you in a credit card?
Are you _______ a place or are you a home owner?
Do you have any ______, such as credit cards or loans?
How much do you owe/own/owner on this credit card?
We have a high ________ savings account for long term planning.
We need one form of ______ , plus two ______ of address such as a utility or tax ______ .
Telling the story
Credit risk / afford /Mortgage / co-sign / Savings / Default / credit evaluation
I can’t ________ to pay for a new house in cash, so I took out a ______ from the bank.
They asked me a lot of questions, which is called a ______ __________.
Because I always pay my bills on time, I would say I’m not a ______ _____, but they still asked my mum to __-____ my contract. She’ll be liable if I ________.
What questions would you ask to get the following info?
Last year’s income before tax
Owns credit cards Y/N (Type?)
Total credit card debt
Owns car Y/N (If Yes, Type?)
A guess of the car value
Monthly car payments?
Total amount owing on car
Previous loans Y/N
Monthly loan payments
Total amount owing on loans
Owns house Y/N
Value of house
Using the account
Fill, take, expecting, take out, withdraw, deposit, transfer, proof, arrived, cost
Hello, I would like to _______ some money from my account.
Please ______ out this withdrawal slip / form.
I would like to _________ some money into my account
Do you have a _______ of ID / identity?
How much does it _____ to ______ some money to my bank account in Japan?
-How long will it ______ ?
I’m _______ a payment from EOV Events, has it _______ yet ?