business 1
Quiz by desmond mentor
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79 questions
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- Q1Money in the form of bills or coinsCash30s
- Q2A card used to withdraw money from a bank accountDebit card30s
- Q3A card authorizing the holder to buy goods and services that can be paid for later.Credit card30s
- Q4A written instruction to your bank to pay a sum of money to another person from your current accountCheque30s
- Q5The transfer of funds from one account to another via the internet or telephoneElectronic transfer30s
- Q6An electronic payment out of an account. The amount and frequency of a direct debit payment can varyDirect debit30s
- Q7n. an instruction to a bank to make regular paymentsStanding order30s
- Q8Cards containing antennae allow money to be transferred when the card touches a contactless terminalContactless card30s
- Q9a credit card which can only be used to buy goods in one particular shop or chain of shopsStore card30s
- Q10apps that allow online banking access from devices such as smart phones, tablets, etc.Mobile banking30s
- Q11Bankers Automated Clearing ServicesBACS30s
- Q12Clearing House Automated Payments SystemCHAPS30s
- Q13Account with full banking facilitiesStandard current account30s
- Q14An account with a fee entitling the user to extra servicesPremium current account30s
- Q15Account with limited facilities usually used by someone with a poor credit ratingBasic current account30s