Money and Banking Worksheet

1. Name three forms of Money?

2. What is Bartering?

3. What factors will influence where you save your money?

4. List two institutions where you could save your money and compare the services offered by each?

Q.5 What do the letters ATM stand for?

Q.6 Explain the difference between a ‘Savings Account’ and a ‘Current Account’?

Q.7 Explain what is meant by a ‘Dishonoured Cheque’ ? Q.8 Explain what is meant by a ‘Crossed Cheque’? Q.9 Complete the following Cheque: On the 5th October, 2020 Mr Liam Smith wrote a cheque to Ms Sarah Doyle for €208.

Q.10 What is an ‘Endorsed Cheque’?