Name or value of coin or banknote e.g VND 1000, VND 10000, VND 50000:

When my friend needs a loan he offers the bank his house as……..:

A debt instrument that bears interest and promises repayment:

Payment by the bank for the use of a depositor’s money:

The value of one currency in terms of another:

The great advantage of using …………. for payments is that you don’t have to carry large amounts of cash around with you:

To find or supply money for someone or something:

The exporter sends the goods and documents to the foreign buyer. The buyer pays the invoice when the goods arrive, or within a certain period from the invoice date. This can be risky,as the exporter trusts the buyer to honour the original sales contract:

It may seem a long way into the future but in the end you will get some----------- from your investment:

To deposit share certificates with a lender / bank as security for money borrowed:

Allowing a customer time before he has to pay for goods or services:

The amount of money that the lender lends to the borrower:

Which of the following best describes the bank system?

To put money into the bank:

A foreign bank issues an undertaking to the exporter ( through a bank in the exporter’s country) to pay for the goods as long as the exporter complies with the terms and conditions of the contract. This is a much safer form of payment for the exporter. To be even safer, the exporter can arrange for the bank in his/her country to act as “ confirming bank”, which means that the bank in the exporter’s country is responsible for the transaction:

The government bank which regulates all commercial banks in a country is called …………….:

The bank will simply not let you………….any money unless you can prove that you have been in regular employment for at least 3 years:

Houses, bungalows, apartments, offices, shops and other any type of building you can own are called…………..:

To make two accounts match with each other:

The ……………….represents the total value of the goods and services produced by a country over some unit of time (a month, a season, a year etc.):

Money given to developing countries by richer ones is known as ……………: