Banking

The banking sector in the United Kingdom is made up of a variety of institutions supervised by the
country's central bank, The Bank of England. This bank looks after the government's finance and
monetary policy and act as banker to others banks. However, for the general public and many
businesses, banking services are provided by commercial banks, or clearing banks, which have
branches troughout the country. These banks offer a wide range of services whitch include accepting
deposits, making loans and managing costumers' accounts. Merchant banks, on the other hand, do
not deal with the public but specialise in services for companies or corporete costumers. They are
particulary active in arranging mergers and acuistion and in advising on aspects of corporate finance.
!. "heuebook #U$ checkbook% send payment by post?
&. Bank statement - ... how much money y have in your bank accaunt ...
'. "redit card or debit card
(. Bill #U$ check% ... how much y have to pay for same costs ...
). Traveller's cheues #U$ traveler's checks% take money with you for visit to a foreigin country?
*. Bank notes #U$ bills%
+. "oins
,. Keyboard
-. screen
!.. "ash mashine or cashpoint #U$ /T0% take money out of your account on a Sunday?
TH1 K12 T34
a% $ecurity
b% "oast5effectiveness
c% 6inancial control
d% 6le7ibility
e% "onvenience
f% 8riority 8ayments
To present a cheque: to pass a cheue from the receiver's bank to the payer's bank, for payment
Surplus4 e7tra
Off-line: not connected to the internet
To dovetail: to fit together perfectly
BACS: Bankers /utomated "learing $ervices. This company works with the banks to initiate
computerised payments.
CHAPS: "learing House /utomated 8ayment $ystem. This is a system for dealing with high5value
payments.
!. 2ou can only use H3B$ during normal banking hours. 9 true / false
&. H3B$ cannot provide information about accounts in dolars. 5 true / false
'. The telephone charges for using H3B$ are the same all over the UK. 5 true / false
(. 2ou can control who can obtain information from the system. 5 true / falseher
). Using "H/8$, you can make a payment to someone and they will always receive it on the
same day. 5 true / falsend
:ane sadler opened her account with the 0edway Bank on &,th :anuary with a cash deposit of ;'...
3n !)th 6ebruary she wrote a ceque for ;)',&) and this appeared as a debit on the bank statement on
&.th 6ebruary. 3n &&nd 6ebruary she took out ;*. in cash from a cashpoint machine. 3n the
following day the bank debited ;'',). from her account for a payment she had made using her debit
card. Her monthly salary was paid directly into her accaunt and this appeared as a credit of ;,.&,&. on
&*th 6ebruary. There were no futher transacitons on her account and she finished the month with a
balance of ;-)),().
! to make a computer redy to be used boot up
& a small computer that you can carry with you laptop
' to move information or programs from one part of a computer system to another download
( the key words used to find information in a database search criteria
) the analysis of information by a computer program processing
* the sets of programs in a computer software
+ to type information into a computer again re-key
Business and the 1nvironment
<t is often said that we live in a consumer society= we consider it inportant to by products and
services. "ompanies need to be aware of the impact of this on the environment, the natural worlds
around us. 0any companies use packaging #bo7es, bottles, etc.% whitch has been recycled, that is
made using old materials. Polution, such as smoke in the air, can be reduced if companies use trains
instead of road transport.
8atagonia is an outdoor clothing firm with a strong commitment to environmental causes. <t sells its
produtcs trought retail outlets and by mail order. 8atagonia is renowned for its spectacular catalogs
whith are filled with unusual and dramatic photos #all taken by costumers% displaying the clothing in
e7citing ways. They also contain detailed product descriptions whitc include definitions of materials
and e7planations of manufacturing processes.
The company makes >ackets from recycled plastic bottles and produces clothing from organic
materials. <t offers courses to its employees on non5violent demonstrations and even pays bail for
employees who getarrested. <t also donates money to environmental groups and generally supports
efforts that empoer consumers to take action. 8atagonia's strategy isn't >ust to give away money to
good causes but to pioneer new, long5term practices of sustainability in business, prove their
economic viability and persuade other businesses to follow.
! The speaker will talk about the difficulties we are likely to encounter. addres the issues
& The company runs its affairs in an ethical and honest manner. conduct its business
' ..government will make public the conclusions of the envirnmental study ne7t month. publish
results
( ... runing a compaign designed to increase public knowledge of the current crisis. rais aareness
) 0any consumers don't believe statements made by companies about their products. doubt claims
Opposites suprotnosti
1. IMPERE!T e7emplary
2. "#I#ORME$ knowledgeable
3. I##O%&TI%E conventional
4. "#!&'!"'&TE$ strategic
5. (EP&R&TE linked
6. T&)E# * contribute
7. 'O!&''+ * nationwide
8. &I'"RE( successes
Radna bil,e-nica.
?hilst day5to5day running of the business does have an environmental IMP&!T /the effect of one
thing to on another0 the I(("E( / difficult 1uestions or problems% with our products were, and still
are the greater.
@ather than >ust produce PO'I!+ / an official course of action0 uickly and stick a few green labels
on our products, we started a fundamental RE%IE2 /e3amination4analysis0
Basic contradictions such as our 5O&' / ob,ective% to sell more, so contributing towards
!O#("MPTIO#/ the amount of products used or bought% however, still provide a philosophical
challenge to any retailer.
There is considerable work to be done in the (TORE( / shops0 and the way we communicate with
our !"(TOMER( /people 6ho buy products%.
BAB enviromental PRO5R&MME /a plan of action0 started at the beginnig of !--..
& &!TOR+ /a place 6here goods are produced% in Bolivia is e7panding rapidly to make wooden
garden furniture. ?e E(TIM&TE /calculate% that we buy products from *. countries.
<t is often said that we live in a consumer society= we consider it important to buy products and
services. "ompanies need to be awere of the imact of this on the environmant, the natural world
around us. 0any companies use pac!aging #bo7es,bottles,.etc.% witch has been recycled, that ismade
using old materials. Pollution, such as smoke in the air, can be reduced of companies use trains
instead of road transport.