See Current accounts and Savings accounts

An account designed for money to be paid in and saved, with limited facilities to access. Pays interest.

A charge made once a year for a financial service such as a Credit card or charge card

The total cost of a loan expressed as a percentage for one year, including interest and any charges

A machine which allows you to withdraw money and make other transactions. Also know as a cashpoint or "hole in the wall".

If someone has a history of defaulting on repayments they may be considered a bad credit risk for further borrowing

The total amount of money in an account - also applies to money owed

See Current accounts and Savings accounts

A complete list of transactions from an account, usually sent to an account holder each month

A legal process of taking over someone's financial affairs when they are declared unable to repay their debts