Ex.8. Write the appropriate word or phrase in the following spaces. Translate the sentences into Ukrainian.

1. It’s very convenient to pay by ….

2. My account allows me to pay insurance by ….

3. We make monthly payments on our house ….

4. I must pay off my ….

5. The rent is paid by ….

6. For …, you should make an appointment with one of our specialist advisers.

7. I’d like to take out … on a house.

8. Most Ukrainian banks offer a … service, dealing in all major currencies.

9. You’ll find all information about … services in our bank’s website.

10. Many banks have … to reduce the chance of a big loss.

Ex.9. Fill in the missing prepositions and adverbs.

Mortgage

A mortgage is a type … finance used … individuals to purchase property. A loan is made … a building society, bank or insurance company, covering a proportion … the purchase price … that property to be paid … over a set period … time (often 25 years). The institutions making that loan retain ownership … the property as security … the loan until the loan is repaid.

(of (5), by (2), back, for)

Exercises in Comprehension

Ex.1. Answer the following questions:

1. Whom do modern banks offer their services?

2. Does the service menu of banks remain unchanged?

3. What does the credit card enable the holder?

4. What is a loan?

5. What is a mortgage?

6. What is an overdraft?

7. What is the difference between a loan and an overdraft?

8. What other services except credit facilities do banks offer to their customers?

9. What is direct debit?

10. What kind of arrangement is a standing order?

11. What is meant by “a foreign exchange service”?

12. What new services have appeared in the banks as a result of their diversification?

Ex.2. Sum up what you remember about modern banking services.

Grammar Revision

Ex.1. Divide the adverbs in the box into groups according to how the comparative and the superlative are formed: