the amount of money the bank pays you to hold your account funds
Interests
When you put money into your bank account and pay for goods or services later
Credit
a monthly amount of money paid for having an account
Fees
Mention 3 benefits of a transaction account
Paying bills, depositing money, receiving salary
What do you need to open a bank account?
A copy of your ID and proof of your address
When you take money out of a bank account as a payment for something
Debit
When you exchange goods or money
transaction
to take money out of a bank account
Withdraw
What does ATM stand for?
Automated Teller Machine
When you put money into your bank account
Deposit