balance, the amount of money that you have got in your bank account., statement, a document that your bank sends to you. It tells you when you deposited money, when you withdrew money and how much you have in the account at the moment, charges, payments that you have to make to the bank for using your bank account, fee, a payment that you have to make to a professional person to do something for you., bill, a demand for payment for goods or services you have received., overdraft, the amount of money you can take out of the bank even though your account does not have that much money in it, current, a bank account that you can use at any time. It is called a checking account in the USA., deposit, means to put money into a bank account, eligible, you are the right kind of person to have something, for example, because you are the right age or you have enough money., transfer, move cash electronically from one bank account to another, withdraw, to take money out of a bank account, issue a cheque, give a cheque to someone and you validate it by signing it.

Banking basics

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