Banks and building societies

  • Yvonne Locker
Chapter

Abstract

By the end of this chapter you should be able to explain:
  • the main services offered by banks and building societies

  • the term ‘automated banking’

  • the clearing house system

  • the main types of bank account

  • the correct procedure for completing and correcting a cheque

  • the benefits of a cheque guarantee card

  • the ways of borrowing money

  • the implications of paying for goods with ‘plastic’

  • the differences between Girobank and the high street banks

  • the difference between a credit card and a debit card.

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Copyright information

© Yvonne Locker 1994

Authors and Affiliations

  • Yvonne Locker

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