http://www.nhck11.net I. Rewrite the following sentences (20 points) 1. I have just taken a personal loan from the bank to buy a new car. A personal loan…………………………………………………………………………………. 2. The bank has accepted Jane’s request of being given a credit for a year. Jane has………………………………………………………………………………………………. 3. The bank lent me a lot of money and that helped me overcome all my financial difficulties. If there…………………………………………………………………………………………………… 4. Mr David became the bank manager last year. Mr David…………………………………………………………………………………………………… 5. Don’t allow him to borrow more money without my permission. The bank manager asked…………………………………………………………………………… 6. The bank will lend you some money if you give it a security. Only by……………………………………………………………………………………………………. 7. It takes me 20 minutes to go to the bank everyday. I spend…………………………………………………………………………………………………… 8. The loan is too big for her to pay off. The loan…………………………………………………………………………………………………………. 9. If you do not put any more money into your account, you can’t write any more cheque. Unless………………………………………………………………………………………………. 10. How much money did you withdraw from your account yesterday? His wife asked him…………………………………………………………………………… II. Word formation (20 points) 1. The necessary information can be read by MICR. This makes…………………sorting of cheques possible (automatic) 2. PIN number must be changed…………………for additional security. (period) 3. The balance sheet also consits of . ………………………. (liable) 4. The cost of goods is transferred …………………… at the point of sales from the customer’s bank to the seller’s bank. (electronics) 5. One of the disadvantages of credit cards to retailers is that…………….costs are increased. (administer) 6. If the cheque is correctly written, it will be………….for every payee. (accept) 7. The duty of the…………….bank is to make money on behalf of the ……….(pay) 8. Travellers’ cheques are protected from…………….or theft (lose) 9. Her ……………doesn’t allow her to use the office phone too much. (employ) III. Rearrange the following sentences to make a logical process of credit card payment and then translate the passage into Vietnamese (20 points) The customer shows his credit cards. One voucher is for the customer to keep as his own record. The other 2 vouchers are kept be the retailer. If the payment is acceptable, the customer has to sign 3 copies of each voucher. The retailer takes details of the credit card. http://www.nhck11.net The retailer swipes the card through a card reader to check whether the card has been lost or stolen. And then one of the two vouchers kept by the retailer is sent to the bank for payment. At the clearing house, the bank’s account is credited and the credit card company’s debited. After receiving the voucher, the bank credits the retailer’s account and sends the voucher to the clearing house to collect payment from the credit card company. And the credit card company sends the customer a statement at the end of each month. After that the credit card company receives the voucher to debit the customer’s account later. IV. Fill in each gap with one suitable word (20 points) All the major banking groups (1)……….their personal customers with a cheque card, which is signed by the customer upon receipt. The card states the maximum amount for which it is valid (usually $50, $100 or even up to $250), the name of the issuing bank, the (2)………… code number of the issuing branch, the name of the customer, the (3)………………and the expiry date of the card. It can (4)………………… used in two ways: to draw cash at other banks and branches and to “back” cheques used to pay for goods and services. In either case a cheque has to be (5)…………….and the card presented as a guarantee of payment. The amount of each cheque must not exceed the (6)…………….stated on the card, and this is also the maximum amount of money (7)…………….may be drawn at a bank on any one day. There usually a page at the (8)………….of each cheque book for banks to record amount cashed and the date. A charge may be made if a cheque is paid at another bank. Larger amounts of cash can be withdrawn, but the encashing branch must telephone the drawee branch (9)…………… authorization, and a charge may be made for this (10)……………… V. Read the following passage and do as required (20 points) Checking accounts In the USA, checking accounts are available only at commercial banks. Commercial banks specialize in demand deposits, such as cheking accoung. A checking account is the money that a customer deposits in order to use the money to write checks. Savings accounts pay the depositor interest but checking accounts do not. In fact, cheking account customers pay the bank a service charge for the book keeping involved in administering the account. The method of recordkeeping is also different in savings accounts and checking accounts. A depositer must present his passbook for any savings account transaction such as withdrawals of deposits. The bank records the transactions in the depositor’s passbook. Checking account customers, however, do not have passbooks. They themselves record the amounts of the checks that they write and they receive a monthly statement from the bank. this statement lists all the checks that the bank paid and all transactions that the account holder made during the month. The bank usually sends the customer a statement with the customer’s cancelled checks. The customer then compares the balance on the statement with the balance in his own records by subtracting the total of his outstanding checks. There are other fees that the bank may collect from checking account holders. For instance, banks charge a fee for stopping payment on a check. When a depositor decides that he http://www.nhck11.net doesn’t want the bank to pay the payee, but he has already written a check to that person, he may give tha bank the stop payment order. The bank will refuse to pay this check, and charges the depositor a fee. Bank also charges a depositor a fee when his account is overdrawn. A depositor is overdrawn when he writes a check for more money than the balance in his account. The bank marks the check “insufficient funds” and returns it, and charges a penalty on it. • True or false? Correct the false statements (10 points) 1. Unless the bank is a commercial bank, it can not provide checking accounts for its customers. ………………………………………………………………………………………………………………………. 2. If you open a checking account, you will receive a passbook from the bank. ……………………………………………………………………………………………………………………… 3. Your account is overdrawn when the amount you write on the check is less than the money you hanve in your account. ………………………………………………………………………………………………………………………… 4. If you have a savings accoung, tha bank will send you a statement at the end of each month. ………………………………………………………………………………………………………………………. 5. If you have made out a cheque payable to someone, you can not stop it. …………………………………………………………………………………………………………………………. • Find the words that have the same meaning as the followings words (10 points) 1. Current accounts = 2. Account holders = 3. Facility bank provides for its customers = 4. Fee = 5. Deposits and withdrawls = VI. Translate the following sentences into English (20 points) 1. Tôi vừa mở một tài khoản vãng lai mang tên tôi vì tháng sau công ty tôi sẽ trả lương cho công nhân qua tài khoản. 2. Mọi người không thích thấu chi trong tài khoản vãng lai vì khoản thấu chi thường bị tính lãi cao. 3. Mặc dù thẻ tín dụng là một công cụ thanh toán phi tiền mặt phổ biến trên thế giới nhưng tôi chưa bao giờ nhìn thấy thẻ tín dụng. 4. Nếu bạn có tài khoản vãng lai, bạn có thể viết séc để thanh toán do vậy bạn không phải dành nhiều thời gian để đến ngân hàng. 5. Séc du lịch có thể được chấp nhận tại nhiều nhà hàng, cửa hàng và khách sạn. . collect from checking account holders. For instance, banks charge a fee for stopping payment on a check. When a depositor decides that he http://www.nhck 11. net doesn’t want the bank to pay. accounts = 2. Account holders = 3. Facility bank provides for its customers = 4. Fee = 5. Deposits and withdrawls = VI. Translate the following sentences into English (20 points) 1. Tôi vừa. receipt. The card states the maximum amount for which it is valid (usually $50, $10 0 or even up to $25 0), the name of the issuing bank, the (2) ………… code number of the issuing branch, the name