financial sector

5. this institution offer lower interest rates to its customers than banks
6. this is planning future expenditures and incomes over a period of time
7. this is a long term loan often repayable over a period of 25-30 years
8. When the interest rate is high customers are likely to ________ more.
13. this ratio is the percentage of deposits that commercial banks are required to keep as reserves with the central bank
15. some customers are able to view balances,transfer funds and make payments in the comfort of their home.This is called _______
16. whenever a bank is giving a loan they must ensure the customer has enough security to cover the amount of the loan.This is called _______
17. this financial institution is responsible for issuing notes and coins

1. the difference between how much you borrowed and how much you paid back is called the _________
2. this is a written instruction to the bank to make fixed payments on behalf of a customer
3. these institutions offer compensation to customers in the event of them suffering a loss
4. this type of account is one where funds are placed in for an agreed period of time without withdrawing from it
9. this service allows customers to be able to make deposits after the bank has closed
10. this allows customers to have access to more funds than they currently have in their bank accounts
11. this type of account does not offer interest to customers
12. this allows customers to pay for purchases online using their savings
14. this type of bank can be found on the highways and byways and offer financial services