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

5. What do banks do?

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