Financial Institution  - provides financial services for its customers. , Commercial bank  - A bank that offers financial services to the general public and to Businesses , Current accounts - Used for day to day banking needs , Deposit accounts - Used to save money. , Bank statement - Detailed list of all transactions into and out of your account , Lodgements - Amounts paid into an account , Withdrawals - Amounts paid out of an account , ATM - Automated teller machine, Personal identification number - Four digit code associated with an ATM card, Debit cards - Allow consumers to pay for goods and services without using cash , Contactless payments - A way to pay for goods that cost €50 or less without using your PIN, Direct debits - Planned automatic electronic payments of a variable amount of money at regular times to someone else’s account  , Standing order - Planned automatic electronic payments of a fixed amount of money into someone else’s account , Overdrafts - Allow a current account holder to spend more money than is in their account up to a certain limit ,

Financial services

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