Give a piece of advice according to the situation

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When it comes to dealing with money, the banks provide a variety of services essential to trade and to the economy of a country. The banking system is built in two level scheme

1. Central banks

These are the institutions which control the banking of the country. They work together with the government to control the country’s economy. The central bank of the UK is the Bank of England, in the USA it is the Federal Reserve System, in single-currency Europe – the European Central Bank, etc

The central bank has a number of functions:

- To issue banknotes and coins, the country’s currency

- To look after the country’s gold reserves

- To make sure that the country’s currency keeps its value

- To act as bankers for the government and the other banks

- To keep inflation under control

2. Commercial banks

These are the public or private banks which people use for their everyday money matters. If you have a bank account, for example, it will be a commercial bank. Other functions of commercial banks are providing credit, giving loans, serving credit cards, standing order facilities, direct debit facilities, making investments, providing cheques and others

1. What is the central bank?

3. What is a commercial bank?

4. What are the functions of the central bank?

5. What are the functions of commercial banks?

6. What are the central banks in the UK, the USA, Europe?

- Постоянный заказ

- Прямое дебетование

- Золотой запас страны

- Держать инфляцию под контролем

4. Divide the services into 2 columns: the services of the central bank and the services of commercial banks

making investments

issuing banknotes and coins, the country’s currency

standing order facilities,

giving loans

looking after the country’s gold reserves

making sure that the country’s currency keeps its value

acting as bankers for the government and the other banks

serving credit cards

Вы можете открыть счет в нашем банке. Вам лучше оформить кредит. Мне нужен будет паспорт, чтобы открыть счет в вашем банке? Вы можете предоставить прямое дебетование? Могу я выписать чек? Вы должны заполнить все необходимые документы. Какие услуги может предложить ваша организация? Вам лучше обратиться к служащему банка. Где мне лучше оформить кредит? Можешь помочь мне выбрать самый надежный банк?

- I want the same amount of money to be transferred from one account to another at regular intervals

- I want a varying amount of money to be transferred from one account to another at regular intervals

- I want to by a car but I don’t have enough money

- I want to buy a flat but I don’t have enough money

- I want to buy goods without needing to pay for them immediately

Дата добавления: 2014-10-15