Across
- 3. Anything that is used as money or a medium of exchange by a certain group or country.
- 5. Exchange of goods and services. No money is involved.
- 6. This means receiving money from depositors and lending of money to borrowers
- 7. Tender: The currency that is produced and supplied by the Central Bank of Kenya (Notes and coins)
- 9. The amount of money paid by a buyer above the actual value of goods and services as a charge for services rendered by the seller to the buyer.
Down
- 1. A slip of paper written by an account holder to his or her bank, instructing it to make a payment on his or her behalf.
- 2. House: A department in the central bank that facilitates the settling of inter bank debts.
- 4. Plastic cards issued by commercial banks and other organizations to enable holders to obtain goods and services on credit from designated outlets
- 8. Overdraft A facility offered by commercial banks to allow their current account holders to withdraw more money than is in their account