Supply the missing questions for the part of A. Act out the dialogue with a partner

Deposit accounts and investment

A: ………

B: Well, to put in simply, a current account is used for handling day-to-day finances, whereas a deposit account is really for saving money. That’s why children can opne me.

A: ………

B: Yes, that’s right. In fact, you can save regularly by transferring a certain sum every month from your current account to your deposit account, where it can earn interest. You can do this by standing order.

A: ………

B: Well, when you open the account, we give you a paying-in book. With this you can deposit money at any branch, but if you don’t have it with you, you can use one of the branch’s Bank Giro credit slips.

A: ………

B: Then you use a withdrawal slip. But don’t forget to give us a week’s notice. If you want money immediately, you lose some interest.

A: ………

B: For the short-term saver, yes. If you can leave your money with us for a longer period, like six months, you could open a Special Savings Account.

A: ………

B: Well, as we have your money for a minimum of six months we pay you interest at 1% above normal rate or Base Rate, which is fixed by the Bank of England.

A: ………

B: This is very completed. It depends on how much money you want to invest or for how long. Also it’s possible to lose money with some forms of investment, whereas deposit and savings accounts are safe. Generally, the greater the risk, the bigger the return. Now, if you tell me a little more about your finances, I’ll try to advise you.

12. Say which of the following accounts you would prefer and give your reasons:

- current account;

- deposit account;

- regular savings account.