Ten banking terms in English with explanations – inglés en 5 minutos

Ten banking terms in English with explanations – inglés en 5 minutos

Ten banking terms in English with explanations – inglés en 5 minutos

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Ten banking terms

Ten banking terms shows each English banking term with a Spanish translation. Ten banking terms also explains how to use each term correctly.

Bank account (cuenta bancaria)

Bank account is a noun.

“I have a bank account.”

You always open and close bank accounts. You do not make or do bank accounts.

“I want to open a bank account.”

“I want to close my bank account.”

Credit card (tarjeta de crédito)

Credit card is a noun.

“I have a credit card.”

You always apply for a credit card. You do not open, make or do credit cards.

“I want to apply for a credit card.”

You always cancel a credit card. You do not close credit cards.

“I want to cancel my credit card.”

When you use a credit card to buy something you pay by credit card.

“I want to pay by credit card.”

“May I pay by credit card?”

You can use “with a” instead of “by”.

“May I pay with a credit card?”

Mortgage (hipoteca)

Mortgage is a noun.

You always take out a mortgage. You never open, make, do or close a mortgage.

“I would like to take out a mortgage.”

Teller (cajero/a)

Teller is a noun.

A teller in a bank is always a person. A teller only works in a bank. A teller does not work in supermarkets, stores or shops.

“My friend John is a teller. He works at Barclays Bank.”

Cheque book (talonario)

Cheque book is a noun.

When you use a cheque book, you always write cheques.

“I have no cash. May I write a cheque?”

When you use a cheque book, you always pay by cheque.

“I have no cash. May I pay by cheque?”

Deposit (ingreso  e ingresar)

Deposit is a noun and a verb; “to deposit” and “a deposit”.

When used as a noun it is used with the verb “to make”.

“I want to make a deposit.”

“Have you made a deposit to John’s bank account?”

When used as a verb, it conjugates as a regular verb.

“I deposit money in my account every week.”

“I deposited money in my account last week.”

Withdrawal (sacar)

Withdrawal is a noun.

It is used with the verb “to make”.

“I want to make a withdrawal.”

“Have you made a withdrawal?”

Bank statement (extracto)

Bank statement is a noun.

“I received my bank statement yesterday.”

Branch (sucursal)

Branch is a noun.

“Where is your bank’s branch?”

“My bank’s branch is in Albert Street.”

Cash machine (cajero automático)

Cash machine is a noun.

“Is there a cash machine nearby?”

“Dave made a withdrawal from the cash machine.”

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