Unit 3: English for Finance and Banking

Aims and Objectives

In this unit you will learn and practise vocabulary related to finance and banking.

You will practise the following skills and functions:

• describing basic banking functions
• systems of payment

The grammar focus of this unit is:

• I WOULD LIKE, I'D LIKE, etc.
• TO HAVE

Vocabulary

Terms

	das Konto
	die Kontonummer
	der Betrag, die Summe
	der Geldautomat
	die Bilanz
	die Bank
	die Bankgebühren
	die Banknote
(U.S.)	die Rechnung
	die Filiale
	das Bargeld
	der Kassierer, die Kassiererin
(U.S.)	der Kassenzettel
(U.S.)	die Kontonummer
(British)	der Scheck
	das Scheckbuch
	die Münze
	die Provision
	die Kredikarte
(British)	das Girokonto
	das Sparkonto
	der Wechselkurs
	die Fremdwährung
	die Zinsen
	der Zinssatz
	die Investition, die Kapitalanlage
	der Kredit, das Darlehen
	die Hauptzentrale
	das Geld
	die Hypothek
	der Gewinn
	die Rate
	die Quittung
	das Sparkonto
	die Aktien
	die Unterschrift
	die Abrechnung
	die Börse
	bar bezahlen
	verdienen
	investieren
	leihen, gewähren
	eine Überweisung tätigen
	zahlen
	unterschreiben
	etwas überweisen

Phrases

	Füllen Sie bitte dieses Formular aus.
	Ich möchte gerne Banknoten in Euros umwechseln.
	Ich möchte gerne Geld auf mein Konto überweisen.
	Ich möchte gerne Geld von meinem Konto beheben.

Exercises

Section 1: Vocabulary Practice

Fill in the correct translation for each of the terms below.

1. der Kassierer, die Kassiererin [?]
2. unterschreiben [?]
3. die Aktien [?]
4. das Bargeld [?]
5. leihen, gewähren [?]
6. bar bezahlen [?]
7. eine Überweisung tätigen [?]
8. die Filiale [?]
9. zahlen [?]
10. Ich möchte gerne Banknoten in Euros umwechseln. [?]
11. die Abrechnung [?]
12. die Banknote [?]
13. der Betrag, die Summe [?]
14. Ich möchte gerne Geld von meinem Konto beheben. [?]
15. das Geld [?]
16. die Unterschrift [?]
17. der Geldautomat [?]
18. das Girokonto [?]
19. die Investition, die Kapitalanlage [?]
20. die Börse [?]
21. die Rate [?]
22. das Scheckbuch [?]
23. das Konto [?]
24. der Zinssatz [?]
25. etwas überweisen [?]
26. der Kredit, das Darlehen [?]
27. investieren [?]
28. die Kredikarte [?]
29. das Sparkonto [?]
30. die Kontonummer [?]
31. der Gewinn [?]
32. die Hauptzentrale [?]
33. Füllen Sie bitte dieses Formular aus. [?]
34. die Bank [?]
35. die Rechnung [?]
36. verdienen [?]
37. Ich möchte gerne Geld auf mein Konto überweisen. [?]
38. die Provision [?]
39. die Zinsen [?]
40. der Wechselkurs [?]
41. der Kassenzettel [?]
42. die Bankgebühren [?]
43. die Bilanz [?]
44. die Münze [?]
45. die Fremdwährung [?]
46. der Scheck [?]
47. die Hypothek [?]
48. die Quittung [?]

Section 2: Listening Comprehension

Chose the correct answer.

Recording: show transcript

This exercise can be also done purely aurally/orally:

1. What does the woman want to buy?

   a. 
   b. 
   c. 
   

   [?]
2. Where does she want to buy the books from?

   a. 
   b. 
   c. 
   

   [?]
3. What does the cashier recommend her to do?

   a. 
   b. 
   c. 
   

   [?]

Chose the correct answer.

Recording: show transcript

This exercise can be also done purely aurally/orally:

1. Where has the man been?

   a. 
   b. 
   c. 
   

   [?]
2. Why was he there? Was he:

   a. 
   b. 
   c. 
   

   [?]
3. What can the cashier change?

   a. 
   b. 
   c. 
   

   [?]
4. Has the exchange rate gone down, or up?

   a. 
   b. 
   c. 
   

   [?]

Chose the correct answer.

Recording: show transcript

This exercise can be also done purely aurally/orally:

1. Where is the bank?

   a. 
   b. 
   c. 
   

   [?]
2. What is she studying at university there?

   a. 
   b. 
   c. 
   

   [?]
3. What kind of account does the cashier recommend?

   a. 
   b. 
   c. 
   

   [?]
4. What's the disadvantage of a deposit account?

   a. 
   b. 
   c. 
   

   [?]

Chose the correct answer.

Recording: show transcript

This exercise can be also done purely aurally/orally:

1. Where is Ivan from?

   a. 
   b. 
   c. 
   

   [?]
2. Ivan doesn't know what to do with:

   a. 
   b. 
   c. 
   

   [?]
3. One of the credit cards that Pepe recommends is:

   a. 
   b. 
   c. 
   

   [?]
4. When a bank gives you a loan, you have to:

   a. 
   b. 
   c. 
   

   [?]

Section 3: General Comprehension

For each of the statements below, choose True or False.

This exercise can be also done purely aurally/orally:

1. If you have money in a deposit account, it normally earns interest.

   
   
   

   [?]
2. If the bank gives you a loan, you don't pay interest on the loan.

   
   
   

   [?]
3. When you pay with a cheque, you must sign it.

   
   
   

   [?]
4. Banks charge a commission for transfers.

   
   
   

   [?]
5. You don't need to have an account in a bank if you want a cheque-book.

   
   
   

   [?]
6. The exchange rate for a currency never changes.

   
   
   

   [?]
7. Interest rates are the same in all banks.

   
   
   

   [?]
8. Mastercard, American Express and Visa are credit cards.

   
   
   

   [?]
9. You can usually use your credit card to get cash from an ATM.

   
   
   

   [?]
10. The Stock Exchange is where people buy and sell shares.

    
    
    

    [?]

Speaking Practice. Complete the sentences you hear, using the example as a model.

Press Play to listen to the instructions:

Section 4: Grammar Practice

A polite way to ask for something is with the expression "I'd like ...". Let's practise this.

This exercise can be also done purely aurally/orally:

Example:

1. I'd like a new cheque-book, please. (a receipt)
   [?]
2. I'd like a receipt, please. (a credit card)
   [?]
3. I'd like a credit card, please. (a new cheque-book)
   [?]
4. I'd like a new cheque-book, please. (to open an account)
   [?]
5. I'd like to change some money, please. (to make transfer to London)
   [?]
6. I'd like to make a transfer to London, please. (to know the exchange rate)
   [?]

The question corresponding to "I'd like ..." is "Would you like ...". Let's practise.

This exercise can be also done purely aurally/orally:

Example:

1. Would you like a new cheque-book? (a receipt)
   [?]
2. Would you like a receipt? (cash)
   [?]
3. Would you like cash? (a new cheque-book)
   [?]
4. Would you like a new cheque-book? (a loan)
   [?]
5. Would you like a loan? (to pay cash)
   [?]
6. Would you like to pay cash? (to invest some money)
   [?]
7. Would you like to invest some money? (to buy shares in Microsoft)
   [?]

In American English, people always use "Do you have ... ?". In British English, people often use "Have you got ...?". Let's practise.

This exercise can be also done purely aurally/orally:

Example:

1. A. Do you have an account here?
   B. [?]
2. A. Do you have your passport with you?
   B. [?