Online banks are banks that you primarily (or exclusively) use on the Internet. They allow the customer more choice and flexibility. Online banks often offer better rates than physical banks. They claim they do not have the overhead and expenses associated with brick-and-mortar banks, which allows them to pass the savings on to you.
These banks offer most of the same services that retail banks offer. However, keep these points in mind when dealing with online banks:
Obtain and retain the physical address and telephone number of the bank in the event there is a problem.
XI. Translate the words and word-combinations according to the text.
1. payments and transactions
2. to accommodate a large volume
3. credit card payments
4. to provide services
5. choice and flexibility
6. online banks
7. foreign exchange
8. capital purchases
9. retail banks
10. to pass the savings
11. current account
12. saving account
XII. Match the equivalents of the following words.
1.savings and loans а. грошовий акредитив
2.medical coasts b. відновлювати (лагодити) будинок
3.home repairs c. велика кількість
4.to offer car loans d. заощадження і позики
5.large volume e. готівковий депозит
6.cash deposits f. витрати на медицину
7.letters of credit g. нерухоме майно
8.real estate h. пропонувати позику на купівлю авто
