Unit_7_Cash_or_Cheque.doc

Unit 7 Cash or Cheque?Part Getting readyExercise B1. Man: Id like to open a savings and a checking account.Woman: Our minimum deposit for a savings account is $25. Man: What is the interest rate?Woman: Its 4.5%. Man: Do you charge for cheques?Woman: Each cheque that you write will cost 20 cents. 2. Woman:Id like to withdraw some money from my savings account.Teller: First youll have to fill out one of these withdrawal forms.Woman: Oh, no. It asks for my account number. I forgot my bank book.Teller: Im afraid youll need that first.3. Man: Can I cash a cheque here?Teller: Do you have an account with us?Man: Yes, I have a checking account here.Teller: Please write your account number on the back of the cheque.Man: Is that all you need?Teller: Could I see one more piece of identification?Man: Will a drivers license do?Teller: Yes. Thatd be fine.4.Man: I would like to ask about taking a loan.Loan Officer: Do you have an account here?Man: Yes, Ive been a customer here for several months.Loan Officer: How much do you want to borrow?Man: Three thousand dollars.5. Clerk: Yes? Man: I want to cash this travelers cheque.Clerk: Do you have your passport?Man: Yes.Clerk: Thank you. Sign here, please. Here you are.Man: Thank you.Exercise C M: Hi，Sis. I just came over to drop off the DVDs you wanted，andHey，wow! Where did you get all of this stuff?W: I bought it. So，what do you think of my new entertainment center? And the Widescreen TVM: Bought it?W: and my new DVD player. Here，let me show you my stereo. You can really rock the house with this one.M: But where did you get the dough to buy all these? You didnt borrow money from morn and dad again，did you?W: of course not. I got it with this!M: This? Let me see thatHave you been using dads credit card again?W: No，silly. Its mine. Its a student credit card.M: A student credit card? How in the world did you get one of these?W: I got an application in the mail.M: Well，why did you get one in the first place?W: Listen. Times are changing，and having a credit card helps you build a credit rating，control spending，and even buy things that you cant pay with cashlike the plane ticket I got recently.M: What plane ticket?W: Oh yeah，my roommate and I are going to Hawaii over the school break，and of course，I need some new clothes for that soM: I dont want to hear it. How does a student credit card control spending? It sounds youve spent yourself in a hole. Anyway，student credit cards just 1ead to impulse spendingas I can see here. And the interest rates of student credit cards are usually sky-high，and if you miss a payment，the rates，well，just jump!W: Ah. The credit card has a credit limitM: of $20，000?W: No，not quite that high. Anyway，M: Ive heard enough.W: Did I tell you we now get digital cable with over 100 channels? Oh，and heres your birthday present. A new MP3 playerM: Yeah. Oh，dont tell me. Charged on the credit card. Listen. Hey，I dont think having a student credit card is a bad idea，but this is ridiculous. And how in the world are you going to pay off your credit card bill?W: Um，with my birthday money? Its coming up in a week.M: Hey，lets sit down and talk about how youre going to pay things back，and maybe we can come up with a budget that will help you get out of this mess. Thats the least I can do.Part Using a bank accountExercise A TranscriptForeign exchange dealing is, as its name implies, the exchange of the currency of one country for the currency of another. The rate of exchange is the value of one unit of the foreign currency expressed in the other currency concerned. A bank may make gains on buying and selling currencies on the inter-bank market. Making a profit on the transaction is the basic idea of foreign exchange dealing.Exercise BAlex: Good morning.Cashier: Good morning.Alex: I would . I would want to know how to make out this cheque.Cashier: Right. Erm . do you want to draw out some money?Alex: Yes, 20.Cashier: 20 OK. (Yes) Well, the first thing you need to do, is to write todays date in the top right-hand corner where you see the line (Yes) at the top you write just todays date (Yes) and the year. You must put the year in. And if you want to draw out money after it says pay . can you see over on the left-hand side?Alex: The first . er . line?Cashier: Thats it. On the first line it says PAY and you write Cash afterwards.Alex: In letters.Cashier: Yes. CASH (Yes) you write cash. OK. Then underneath that, right underneath, you have to write the amount of money you want. So just twenty pounds and then you write ONLY at the end in words. Then at the end of that line where you can see the box, see over on the right-hand side, you have to write the amount you want in numbers.Alex: In numbers?Cashier: Mm-mm.Alex: Yes.Cashier: And then underneath that box, the last thing you have to do in the bottom right-hand corner is just write your signature.Alex: Thank you very much.Cashier: OK. Bye-bye then.Alex: Bye.Part Making phone calls to chase late paymentsCall 1Smythe: This is Paul Smythe calling from Birmingham.Martinez: Good morning, Mr. Smythe. How are you?Smythe: Fine, thanks. And you?Martinez: Yes, Im fine, too.Smythe: Mr. Martinez, Im ringing about our last invoice.Martinez: Yes, I remember we got it before the summer.Smythe: Exactly, Mr. Martinez. The invoice was raised more than three months ago.Martinez: Im sorry, I dont quite follow you.Smythe: We sent you the invoice on the 13th of July.Martinez: On the 30th of July.Smythe: Not the 30th. The 13th. And we still havent received payment.Martinez: OK, Mr. Smythe. Ill check and get back to you.Smythe: When can you contact me?Martinez: This afternoon.Smythe: Thats fine. I look forward to hearing from you.Martinez: Bye.Smythe: Bye.Call 2Martinez: Well, Mr. Smythe, Ive looked into your invoice and found out why it hasnt been paid.Smythe: And why is that?Martinez: We asked our bank to transfer the money but they couldnt. They said that your bank details are wrong.Smythe: What do you mean, our bank details are wrong? They are printed on our invoice. And you received the same invoice as all our other customers.Martinez: Im sorry, what did you say?Smythe: I said our bank details are printed on the invoice.Martinez: Well, I have the invoice here. Can we just check? The account number is 40211686. Is that right?Smythe: Yes, thats right.Martinez: At the Bank of Scotland at 46 Portland Street in Smythe: Hang on a minute, did you say Bank of Scotland?Martinez: Yes.Smythe: Its the Royal Bank of Scotland-not the Bank of Scotland.Martinez: You mean there are two?Smythe: Exactly.Martinez: OK, Mr. Smythe. Ill ask our bank to transfer the amount to the Royal Bank of Scotland.Smythe: As soon as possible, Mr. Martinez.Martinez: Manana, Mr. Smythe, as soon as the bank opens. And, Mr. Smythe, Im sorry about the mistake.Smythe: Well, Im glad we sorted it out.Martinez: Yes! Bye.Smythe: Bye.Call 3Clerk: Account enquiries.Smythe: Good afternoon. Id like to check if a transfer has been received from Spain.Clerk: Could you give me your account number and the account name please?Smythe: Yes, the number is 40211686 and the company name is Paul Smythe and Partners.Clerk: Could you spell Smythe, please?Smythe: Yes, its S-M-Y-T-H-E.Clerk: And your address, please?Smythe: Unit 7, Parkdown Trading Estate.Clerk: And when did you expect the money to be credited?Smythe: This week.Clerk: One moment, please. Yes, we received a credit of 3 476.28 on Wednesday.Smythe: Sorry, could you repeat the amount?Clerk: Yes, 3 476.28.Smythe: I was expecting a round figure of 3 500. Did the bank make a charge?Clerk: Im afraid I cant see that from my screen. Ive only got the final figure which was credited to your account. Smythe: But we get lots of payments from abroad and we never have to pay charges.Clerk: Let me check, sir . Yes, the amount was transferred in Spanish pesetas. We had to convert it into pounds. So, after bank charges, your account was credited with 3 476.28.Smythe: I see. OK, thank you.Clerk: Youre welcome.Smythe: Bye.Clerk: Bye.Part More about the topic: banking at home Many people dislike walking into the bank standing in long lines and running out of checks. Theyre dissatisfied with the banks limited hours too. They want to do some banking at night and on weekends. For such people, their problems may soon be over. Before long, they may be able to do their banking from the comfort of their own home any hour of the day, any day of the week. Many banks preparing online branches or internet offices, which means that people will be able to take care of much of their banking business through their home computers. This process is c