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LIFE-SKILLS ENGLISH FOR NEW IMMIGRANTS: AT THE BANK 1



VOCABULARY BUILDER:

Credit score = A score, based on someone's credit history, that is used to determine how "credit-worthy" that person is

Teller = Bank employee who deals with customers' transactions

Window = The area in the bank where a teller serves customers

To wire = To transfer (usually money)

Statement = A record of all transactions in an account (often by month)

Balance = The amount of money in an account


EXERCISE/VOCABULARY PRACTICE TEST:


Choose the most natural-sounding answer to complete each sentence.

1. I'd like to open a ____________ account.
2. This is the only _____________ that I have.
3. What is the minimum _____________ required to open this account? = How much money do I have to put into the account at the beginning?
4. What is the monthly ______________ for this account? = How much money do I have to pay every month to keep this account?
5. I would like to ______________ ( = to take out) fifty dollars.
6. I'd like to ________________ money from my checking account to my savings account.
7. A _________________ card is used to take money out of your account from an ATM (bank machine). You can also use it to buy things when shopping.
8. Is there a _____________ ( = another location of the same bank) closer to where I live?
9. I'd like to _____________ this account.
10. My credit card _____________. I'd like to get a new one.
THINGS TO LISTEN FOR:

You have to activate this card before you can use it. = You have to verify some information about yourself (usually online) before you can use this card.

We need to see picture ID. = We need some form of identification with your photo on it.

Your credit card is maxed out. = You have reached the spending limit on your credit card.

We'll wave the fee. = You won't have to pay the fee.

Your loan application was not approved. = The bank decided not to loan you money (give you a loan).






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