click below
click below
Normal Size Small Size show me how
Financial service
| Term | Definition |
|---|---|
| Financial service provider | Instutution providing money related service |
| Commercial bank | A bank such as aib |
| Credit union | A financial service provider |
| Post office | Financial service provider and letter sending |
| Current account | |
| Debit card | Allows you to use an atm |
| Cheque | A written instruction to the bank |
| Standing order | An instruction to the bank to pay at fixed amounts at intervals |
| Direct debit | A variable amount to be taken from an account |
| Bank draft | Payment on behalf of the account holder |
| Overdraft | Permission to withdraw more money than is in the bank account |
| A non-interest account |