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Chp 6 Financial Services - Coggle Diagram
Chp 6 Financial Services
Current Account
How to open an account
What do we use current accounts for
How can I lodge money
withdrawal
money out
ATM
Debit Cards
digital wallet
Direct Debit (DD)
Standing Order (SO)
Cheques
Bank Draft
withdrawal Slip
Financial Institutions
Commercial Banks e.g AIB
An Post
Credit Union e.g Kilmallock
Building Society e.g EBS
Lodgement
Lodgement slip
At an ATM
using your Debit Card
Bank Charges and fees
Telephone and internet Banking
Advantages
Disadvantages
online security
Phishing
Passwords
Deposit Account/Saving Account
Definition
Interest earned
Credit Card
statement
Interest applied
Bank Statement
Foreign Exchange
the bank
Sells us foreign money
buys back the foreign money
loans
Medium term
Long term
Short term