If you do not put any more money into your account, you can’t write any more cheque.. Unless you put more money into your account, you can’t write any more cheque.. After receiving the v
Trang 1I 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 has just been taken from the bank by me to buy a new car
2 The bank has accepted Jane’s request of being given a credit for a year
Jane has been entitled to a credit for a year by the bank
3 The bank lent me a lot of money and that helped me overcome all my financial
difficulties
If there hadn’t been a lot of money borrowed from the bank, I wouldn’t have overcome
my financial difficulties
4 Mr David became the bank manager last year
Mr David has been the bank manager since last year
5 Don’t allow him to borrow more money without my permission
The bank manager asked his employee not to lend that man more money without his permission
6 The bank will lend you some money if you give it a security
Only by giving the bank a security will it lend you some money
7 It takes me 20 minutes to go to the bank everyday
I spend 20 minutes going to the bank everyday
8 The loan is too big for her to pay off
The loan is so big that she can’t pay off
9 If you do not put any more money into your account, you can’t write any more cheque Unless you put more money into your account, you can’t write any more cheque
10 How much money did you withdraw from your account yesterday?
His wife asked him how much money he had withdrawn from his account a day before
II Word formation (20 points)
1 The necessary information can be read by MICR This makes automated sorting of cheques possible (automatic)
2 PIN number must be changed periodically for additional security (period)
3 The balance sheet also consits of liabilities (liable)
4 The cost of goods is transferred electronically 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 administration costs are increased (administer)
6 If the cheque is correctly written, it will be accepted for every payee (accept)
7 The duty of the paying bank is to make money on behalf of the payer.(pay)
8 Travellers’ cheques are protected from loss or theft (lose)
9 Her employer 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)
1 The customer shows his credit cards
2 The retailer swipes the card through a card reader to check whether the card has been lost or stolen
Trang 23 The retailer takes details of the credit card
4 If the payment is acceptable, the customer has to sign 3 copies of each voucher
5 One voucher is for the customer to keep as his own record The other 2 vouchers are kept be the retailer
6 And then one of the two vouchers kept by the retailer is sent to the bank for payment
7 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
8 At the clearing house, the bank’s account is credited and the credit card company’s debited
9 After that the credit card company receives the voucher to debit the customer’s account later
10 And the credit card company sends the customer a statement at the end of each month
IV Fill in each gap with one suitable word (20 points)
All the major banking groups (1) provide 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) sorting code number of the issuing branch, the name of the customer, the (3) number and the expiry date of the card It can (4) be 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) drawn and the card presented as a guarantee of payment
The amount of each cheque must not exceed the (6) limit stated on the card, and this is also the maximum amount of money (7) that may be drawn at a bank on any one day There usually a page at the (8) back 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) for authorization, and a charge may be made for this (10) service
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 checking account 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
Trang 3There 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 doesn’t want the bank to pay the payee, but he has already written a check to that person,
he may give the 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
True
2 If you open a checking account, you will receive a passbook from the bank
Checking account savings account
3 Your account is overdrawn when the amount you write on the check is less than the money you hanve in your account
Less more
4 If you have a savings account, the bank will send you a statement at the end of each month
Savings account checking account
5 If you have made out a cheque payable to someone, you can not stop it
Can not can
• Find the words that have the same meaning as the followings words (10 points)
1 Current accounts = Checking accounts
2 Account holders = Depositor
3 Facility bank provides for its customers = Service
4 Fee = Charge
5 Deposits and withdrawls = Transactions
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
I have just opened a current account under my name because next month, my company will pay salaries by bank transfer
2 Mọi người không thích thấu chi trong tài khoản vãng lai vì khoản thấu chi thường bị tính lãi cao
People don’t like to overdrawn on a current account because interest charges on it are usually high
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
Although credit card is a popular non-cash instrument, I have never seen it
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
Trang 4If you have a current account, you can write cheques to make payment so you don’t need to spend much time going to the bank
5 Séc du lịch có thể được chấp nhận tại nhiều nhà hàng, cửa hàng và khách sạn
TCs can be accepted at many restaurants, shops and hotels