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Intermediate 1 Personal Finance

Intermediate 1 Personal Finance. UNIT 1 – The Principles of Money LESSON 22. What are we going to cover today?. Aims and Objectives: Develop our knowledge and understanding of Bank/Building Society accounts Develop an understanding of some steps required to open an account

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Intermediate 1 Personal Finance

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  1. Intermediate 1 Personal Finance UNIT 1 – The Principles of Money LESSON 22

  2. What are we going to cover today? Aims and Objectives: • Develop our knowledge and understanding of Bank/Building Society accounts • Develop an understanding of some steps required to open an account • Understand why you need to prove your identity to open some accounts • Understand some of the documents/cards issued when you open a bank account

  3. Opening a bank account Click this link to visit website Using the website link above and the small table below, list the 5 details a bank/building society will usually ask you for when setting up a new account:

  4. Proving your identity Why do you need to prove your identity?

  5. SAVE YOUR PRESENTATION NOW!!!H:\DRIVELESSON 22

  6. Bank account documents/cards Click this link to visit website Using the website link above and the small table below, list the 3 types of document/card that banks will normally issue when you set up a new account:

  7. CLICK ‘SAVE’ TO SAVE THE CHANGES TO YOUR DOCUMENT

  8. What have we covered today? We should now have: • Developed our knowledge and understanding of Bank/Building Society accounts • Developed an understanding of some steps required to open an account We should now have: • Understand why you need to prove your identity to open some accounts • Understand some of the documents/cards issued when you open a bank account

  9. Extension • If you have completed this lesson, show the teacher. • If there is time, you will have time to yourselves on the computers.

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