pixelBank Accounts - True or False   money index
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Bank Accounts Quiz

  1. The bank holds your money safely until you need it.
    TRUE

  2. You may get interest on the money you have in your account.
    TRUE

  3. You have to visit your bank to check how much money you have in your account.
    FALSE - Banks usually send a monthly statement, unless you have a junior saver account. Junior account holders generally get fewer statements. You can also arrange to telephone your bank if you want to know how much you have, or you can use a cash machine to check your balance if you have a cash card.

  4. You only see the Bank Manager when you want to arrange a loan.
    FALSE - The Bank Manager can help you arrange a loan, but the manager or a senior member of staff can help you with lots of other things, e.g. how to save, how to budget, etc.

  5. The Bank can offer advice and maybe help if you get into difficulties.
    TRUE

  6. The bank will keep all your details confidential.
    TRUE - unless they are asked to reveal them by law.
Bank Account  

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Last modified on: Sunday, June 14, 1998.