The Bank

Bank  – A financial institution where people deposit, withdraw, save money, and get financial services like loans, credit cards, or money transfers.

The word bank can also be a verb, meaning to keep your money in a bank:

I bank with Wells Fargo.

Examples in Context

Here are some commonly used phrases and sentences related to banks:

• I need to go to the bank to withdraw some cash.

• She opened a savings account last week.

• The ATM is out of service.

• Can I get a loan to buy a car?

• He deposited his paycheck this morning.

• I’d like to speak with a bank teller.

Practical Exercises

 Match the Word with Its Meaning:

1. Deposit

2. Withdraw

3. Loan

4. Account

5. Teller

A. A person who helps you at the bank counter
B. To take money out of your account
C. A place to keep your money in the bank
D. To put money into your bank
E. Money borrowed from a bank

Answers: 1-D, 2-B, 3-E, 4-C, 5-A

 Fill in the Blanks:

1. I usually ______ money from the ATM.

2. She applied for a ______ to buy a new house.

3. My ______ balance is low this month.

4. I spoke to a ______ about opening a checking account.

5. He ______ his salary every Friday.

Try to answer them before checking the answers below!

Answers: 1. withdraw, 2. loan, 3. account, 4. teller, 5. deposits

 Speaking Practice (Repeat Out Loud):

• "Can you help me open a savings account?"

• "Where is the nearest ATM?"

• "I’d like to check my balance."

• "How much can I withdraw per day?"

Practice saying these phrases to boost your fluency and confidence!

Before you go, think about this:

Imagine you’re traveling in a new country and need to visit a bank. What would you say? Write 2-3 sentences using today’s vocabulary.

Example:

I need to withdraw money from the ATM. Where is the nearest bank?

Leave your answers in the comments or share them with a study partner!