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Bank

Bank. Bank Account. You can be any age to have a bank account You have to be 16+ to be able to use online banking Opening a bank account is free. To open a bank account you need. Proof of address – utility bill etc Proof of identity – passport

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Bank

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  1. Bank

  2. Bank Account • You can be any age to have a bank account • You have to be 16+ to be able to use online banking • Opening a bank account is free

  3. To open a bank account you need.. • Proof of address – utility bill etc • Proof of identity – passport • If you are under 16 you need an adult to sign the documents for you

  4. Utility Bill

  5. Withdrawing money • When you open a bank account you receive a card • You can use this card to withdraw money from a cash machine • You need to use your PIN code to withdraw the money

  6. The Most Popular Banks in the UK • HSBC • Lloyds TSB • NatWest • Barclays • Santander • Halifax

  7. A Loan • You can get a loan for your bank • This is where you borrow money, but you HAVE to pay it back • Often it isn’t a good idea because it has very high interest • For example, if you borrow $1,000 you have to pay the back $1,100 back

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