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Going To The Bank

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Going To The Bank

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About this activity

learn about opening an account

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Mexico

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Going To The Bank
 

Going To The BankOnline version

learn about opening an account

by Jonathan Vieyra
QR
1

What type of account do Mark and Lynn want to open?

2

How much total money does Mark say he has to deposit initially?

3

Which service costs $7.00 a month?

4

When are monthly bank statements sent out?

5

What does the accounts manager tell them to do with the payroll check before the teller handles the deposit?

Explanation

The customers explicitly say they want to open a checking account.

Mark mentions $500 in cash plus an $800 payroll check, which adds to $1,300. If you picked $500 or $800, remember to add both amounts.

The $7.00 monthly fee covers the package of 200 personalized checks, full online banking, and $500 overdraft protection. The regular checking account itself has no fee.

The accounts manager states that monthly statements are sent on the fifth of every month. If you chose another date, re-listen for the specific day mentioned.

The manager tells them to endorse the check and go to the teller to complete the deposit. Endorsing means signing the back of the check before depositing.

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