1 / 14

Business English: Foreign Currency and Travellers' Cheques

Learn about different currencies, exchange rates, and how to pay in foreign countries. Understand the importance of travellers' cheques and how to use them. This educational material is part of an EU-funded project.

leonardgarrett
Download Presentation

Business English: Foreign Currency and Travellers' Cheques

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Výukový materiál zpracován v rámci projektu EU peníze školám Registrační číslo projektu: CZ.1.07/1.5.00/34.0208

  2. BUSINESS ENGLISH FOREIGN CURRENCY TRAVELLERS´ CHEQUES

  3. WHAT IS A CURRENCY? • Currency is a system or a type of money a particular country uses • Money in any form used as a medium of exchange

  4. How to pay in a foreign country?

  5. Foreign currencies • Australia australian dollar • Canada canadian dollar • Denmark danish crown • 16 countries of EU EURO

  6. Foreign currencies • Great Britain british pound • Japan japanese yen • Poland polish zloty • Switzerland swiss franc • The U.S.A. american dollar

  7. Exchange rates • Change every day • Depend on many different things • Are fixed on the London FX market by dealers from over 200 banks • May be different in different banks • Show selling price and buying price

  8. What influences exchange rates? • Economic situation • Political situation • Amount of government control • Market tones

  9. S.W.I.F.T. code • A code for international payments • 8-11 characters • 4 characters – bank code (only letters) • 2 characters – country code (only letters) • 2 characters – location code (letters and digits) • 3 characters – branch code (optional, letters and digits

  10. Travellers´ cheques • A security which entitles the drawee or the holder to withdraw money in a bank

  11. Travellers´ cheques must contain: • The words „traveller´s cheque“ • An order or promise to pay a certain amount of money to the drawee or the holder • The name of the drawer or the company and their signature

  12. Použitá literatura: Bočánková, M., Hedvábná, I., Kalina, M. 2004. Anglická obchodní korespondence. Ekopress, s.r.o Dyčková, J., Neumannová, O. 1998. English for bankers. RADIX, s.r.o Henderson, D., Streitwieser, V. 2006. Business English. Grada Publishing Jones, L., Alexander, R. 2003. New International Business English. Cambridge University Press Mackenzie, I. 1995. Financial English. Language Teaching Publications Měšťan, J. 2002. Anglický obchodní dopis se vzorovými dopisy. Nakladatelství JM Písek

  13. Použitá literatura: Radice, F. 1992. English for banking. Macmillan Publishers Skuch, E. 2005. Fit for Business English - Fráze. Grada Publishing Tilley, R. 2005. Fit for Business English – Korespondence. Grada Publishing Treger A. 2008. Inside the European Union. Leda s.r.o Abbs, B., Freebairn, I., Barker, Ch., 2003. New Snapshot Pre-Intermediate, Pearson Education Limited Obrázky: http://search.creativecommons.org/

More Related