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Personal Finance Topic 4

s1500718 Inglés 8 fichas

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  1. 1Current AcountIs the most common type of bank account and it is suitable for everyday needs.
  2. 2Standing ordersThese are payments that you can set up to be made from your account to
    another account on a regular basis
  3. 3Direct debitsThese are instructions given to your bank to allow certain companies
  4. 4An overdraftAllows you to spend more
    than you have in your account
  5. 5Notice accountMust tell the bank or building society before you want to take money out of a notice account
  6. 6MortagagesSecured on the home that they are used to buy
  7. 7APRAnnual percentage rate
  8. 8AERMethod of comparing interest rates on savings

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This is a flash cards of Personal Finance level 2 Unit 1 topic 4
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s1500718
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