What is a charge levied by a bank for its services?, Bank fee, Commission, What phrase means to demand an amount of money for a service provided?, To charge a fee, What phrase means to determine or estimate the total fee amount to be paid?, To calculate a fee, Assess a fee, What do you call an employee who deals directly with customers for basic banking transactions?, Bank teller, What term means money borrowed that is expected to be paid back with interest?, Loan, What phrase means to officially borrow money from a bank or financial institution?, To take out a loan, What phrase means to return borrowed money over time until the balance is zero?, To repay a loan, pay off a loan, What is the extra money paid for the privilege of borrowing funds?, Loan interest, Interest rate, What is the process of trading one country's money for another's?, Currency exchange, What term means the value of one currency for the purpose of conversion to another?, Exchange rate, What phrase means to purchase or trade foreign money at a specific rate?, To buy / sell currency, What do you call the person or organization that receives a payment?, Payee, Recipient, What do you call the person or organization that initiates and sends a payment?, Payer, Sender, What term means information describing the reason or unique ID for a transfer?, Payment purpose, Payment reference

Banking (Extras) (2)

by
Print
Embed

Leaderboard

Visual style

Options

AI Enhanced: This activity contains content generated by AI. Learn more.

Switch template

Continue editing: ?