English terminology used in the Bank.English terminology used in the Bank.Most people need a bank account or savings cooperative housing loans to assist in managing the day to day financial.At present, the Bank has provided everyone needs. Whether it is a bank that has a reputation for High Street bank, which has branches all over the world, ethical bank, which invested in products that they considered that the only ethically. Islamic bank, which operates under Sharia law and micro-finance bank, which is designed to help people with low income.But you know the Direct Debit Bank code Identifier from you lately? Two words, this is the specific terminology used in the banking business.First, the most common is the ' current ' account is where you keep your money, which you will remove this money away when it usually comes with a debit card that you can use to withdraw money through automated teller machine ATM machine ', which is also known as ' cash point.' The interest savings account you will be ' a little bit, but you can withdraw money to your Spartan.If you want to use more than you deposited. You may borrow money from the Bank, which is in the form of ' loan ' or ' overdraft ' in your account. When you return, you must provide Bank ' interest ' to the Bank with, for example, a loan to buy a house mortgage loan called the ' possible for many years, the abbreviation APR annual percentage rate ' comes from the amount of interest you have to pay to the Bank, which is the percentage calculated for the period of 1 year.' Credit card ' will allow you to borrow money to buy goods or services. If you pay the money back within the set, you don't have to pay interest, but if you have slow Credit card interest with the Bank is useful to have a ' consumer protection ', such as when you purchase a ticket and then through the airline closed down.You can pay for the service through your bank account directly through ' direct debit ' – when a payee bank, told their deduction from your account or pay via ' standing order ' when you say who is paying with your bank to pay the money to the recipient on a regular basis.The ' transfer ' (money transfer) Fund, it is easy as well. If you make a financial activity, through the internet, simply click on the button, but only for payments from abroad, it will have a more complex procedure, because you must have a ' swift ' code, which is a form of ' BIC ' (bankers or identification code) that represents the country and address of the Bank.To help you know all the details, whether as ' debits ' (the tender) and the ' credits ' (money) will have a ' bank statement.
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