Speaker 1 (1)
Section two.
Speaker 1 (2)
You are going to hear a talk about banks in The U.
Speaker 1 (4)
First, you have some time to look at questions 13 to 17.
Speaker 1 (5)
Now listen to the talk and complete the notes by filling in the numbered spaces 13 to 17.
Speaker 2 (8)
Thanks for turning up today.
Speaker 2 (9)
Thanks for turning up today to this short talk I'm going to give on Student Banking.
Speaker 2 (10)
Many of you are unfamiliar with the way banks work in this country.
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And today's talk should just give you a few starting points.
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I will, of course, answer any questions at the end.
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Well, as you probably know, you'll need to open a bank account while you're here, and it's the safest place to keep your money.
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And it's best to open an account with one of the major banks.
Speaker 2 (16)
You should each have a handout with the names and addresses, right?
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There's Barclays in Realty Square National Westminster in Preston Park Lloyd's in City Plaza and Midland in Hope Street.
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All these banks offer special student accounts.
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However, it's important to note that as an international student, you'll not necessarily be eligible for all the facilities offered to resident students.
Speaker 2 (21)
Now as an international student, you will need to provide evidence that you can fund yourself for however long your course lasts.
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Banks have different policies and the services that they'll offer you will depend on your individual circumstances and on the discretion of the bank manager involved.
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So it's a matter of going there and finding out about your own particular situation, right?
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When you do go to open a bank account, you should take some documentation with you.
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I've already mentioned that you must be able to support yourself.
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In addition to this, most banks ask you to bring your passport and your letter or certificate of enrollment, okay?
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Now by far the most useful type of account to open is a current account.
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When you do this, you will actually get what is called a student account, which is a current account with special concessions for students.
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When you open the account, the bank will give you a checkbook and you can use this to draw money out as you need it.
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If you need to write checks in shops, you'll also need a check card.
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This is really an identity card, which guarantees that correctly written checks up to the value stated on the card will be honored by the bank, okay?
Speaker 1 (32)
Now look at questions 18 to 21.
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As you listen to the rest of the talk, complete the rest of the notes in the spaces numbered 18 to 21.
Speaker 2 (35)
If you want to draw out cash for yourself, you can make the cheque payable in your own name or to cash.
Speaker 2 (36)
You can also withdraw cash from a CashPoint machine with a cash card.
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Now these are extremely useful as they enable you to withdraw cash from your account during the day or at night.
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There is also another card called Switch or Delta, and you can use this to pay for things in shops.
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It takes the money right out of your account, so you don't need your checkbook.
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Now you may want to take more money out of the bank than you have in it.
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This is called having an overdraft.
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Be very careful with this.
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You should not do this without permission from your bank.
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Overdrafts usually incur charges, though some banks offer interest free overdrafts to some students.
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But find out before you get one, right?
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Well, that just leaves opening times.
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When can you go?
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Banks used to be open from 09:30 a.
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Until 03:30 p.
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From Monday to Friday, but many main branches are now open until 04:30 or five p.
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On weekdays.
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And some of the bigger branches in London and other major cities are now open for a limited time on Saturdays.
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Any questions?
Speaker 1 (59)
That is the end of Section two.
Speaker 1 (60)
You now have half a minute to check your answers.
Speaker 1 (61)
Now turn to Section three.
