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Key question: How can we open and manage a bank account? http: //moneysense . natwest .com/schools/students/managing-your-money/what-is-banking/what-do-you-think http://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/case-study-pros-and-cons http://rbsmoneysense.co.uk/rbs/11to14/bankonit/using_an_atm.asp?page=MONEYSENSE/11_TO_14/BANK_ON_IT/ITS_YOUR_TURN_TO_GET_BANKING/USING_AN_ATM
What do banks have inside them? What do banks have outside them?  What is a bank?
Key words  A. Bank account B. Interest C. Statement D. Standing order Definitions 1. A letter that tells you what money has gone in and come out of your bank account 2. Money paid to you for having money in the bank 3. A place to put your money  4. A way that money can come out of your account every month
 
What do banks do?
Banks have money to give away False
Banks will help you manage your money True
Banks will lend money to people under 18 False
Banks tell their customers how much money they have in the bank   True
Banks give all their customers cheque books and bank cards False
Banks print all their own money False
Banks look after your money True
Banks are businesses and employ people True
Banks will lend you money for free False
Banks charge you interest if you borrow money from them   True
Banks   help you to save up True
Banks   will lend money to anyone False
Banks will organise your holidays for  you False
You can post letters at the bank False
You have to be 18 to use a bank False
Using a bank account means you don’t have to carry cash all the time   True

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Lesson1

  • 1. Key question: How can we open and manage a bank account? http: //moneysense . natwest .com/schools/students/managing-your-money/what-is-banking/what-do-you-think http://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/case-study-pros-and-cons http://rbsmoneysense.co.uk/rbs/11to14/bankonit/using_an_atm.asp?page=MONEYSENSE/11_TO_14/BANK_ON_IT/ITS_YOUR_TURN_TO_GET_BANKING/USING_AN_ATM
  • 2. What do banks have inside them? What do banks have outside them? What is a bank?
  • 3. Key words A. Bank account B. Interest C. Statement D. Standing order Definitions 1. A letter that tells you what money has gone in and come out of your bank account 2. Money paid to you for having money in the bank 3. A place to put your money 4. A way that money can come out of your account every month
  • 4.  
  • 6. Banks have money to give away False
  • 7. Banks will help you manage your money True
  • 8. Banks will lend money to people under 18 False
  • 9. Banks tell their customers how much money they have in the bank True
  • 10. Banks give all their customers cheque books and bank cards False
  • 11. Banks print all their own money False
  • 12. Banks look after your money True
  • 13. Banks are businesses and employ people True
  • 14. Banks will lend you money for free False
  • 15. Banks charge you interest if you borrow money from them True
  • 16. Banks help you to save up True
  • 17. Banks will lend money to anyone False
  • 18. Banks will organise your holidays for you False
  • 19. You can post letters at the bank False
  • 20. You have to be 18 to use a bank False
  • 21. Using a bank account means you don’t have to carry cash all the time True