Banking Vocabulary

2. To take money out of an account.
3. Proof of something you did at the bank.
5. This means that your money has matured; it has grown to the biggest amount it can be.
7. When you take money from one account and put it in another account.
8. Borrowed money that is received now but needs to be paid back, often monthly. You must also pay the bank interest.
9. When there is not enough money in your bank account to pay for something that you wrote a cheque for. This is very bad! (two words)
12. When you put money into a separate account and don’t ever take it out. The bank pays you interest, which means you get more money at the end of your investment time.
14. An amount of money that can be used each month that the customer does not own.
15. This means that the cheque is not good or not useable. You can write “VOID” across that has a mistake on it.
16. A four-digit number used to access ATM machines.

1. The lowest amount you can pay on your credit card balance. (two words)
4. To have used more money than there is in the account so that money is owed to the bank.
6. A person who works at the bank counter and accepts and gives out money to the bank’s customers.
9. This is when you pay bills, transfer money, or invest money online. (two words)
10. Any situation where money is deposited or withdrawn from an account.
11. The money the bank pays its customers for depositing money with them OR
13. Someone who is paid money.