Banking Statement Overview
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Questions and Answers

What is the outstanding principal balance as of the statement date?

  • $0.000
  • $134.588 plus interest
  • $134.588 (correct)
  • $134.588 plus fees
  • What is the monthly interest rate applied to this account?

  • 1.000%
  • 0.050%
  • 0.100%
  • 0.000% (correct)
  • What is the last date mentioned for the outstanding agreement?

  • 05JAN2025
  • 07JUN2025
  • 07MAY2025 (correct)
  • 05MAY2024
  • Which regulatory body oversees HSBC Bank Middle East Limited in Bahrain?

    <p>Central Bank of Bahrain</p> Signup and view all the answers

    What is the total amount listed in the provided financial statement?

    <p>$134.588</p> Signup and view all the answers

    What is the closing balance stated in the document?

    <p>188.765</p> Signup and view all the answers

    What is the minimum payment amount due?

    <p>36.916</p> Signup and view all the answers

    Who is the cardholder listed in the document?

    <p>Mr. Mohamed Mahmoud Mohamed Ibrahim</p> Signup and view all the answers

    What should be written on the reverse of the cheque?

    <p>Card number</p> Signup and view all the answers

    What is the date by which the payment is due?

    <p>30JAN2025</p> Signup and view all the answers

    What is the total opening balance listed in the account statement?

    <p>237.929 BHD</p> Signup and view all the answers

    What was the amount credited to the account on 25DEC?

    <p>50.000 BHD</p> Signup and view all the answers

    What is the total amount charged for finance charges in the statement?

    <p>0.836 BHD</p> Signup and view all the answers

    Which date corresponds to the statement date listed?

    <p>05JAN2025</p> Signup and view all the answers

    What is the credit limit assigned to this account?

    <p>1,000.000 BHD</p> Signup and view all the answers

    What is the transaction detail associated with the finance charges?

    <p>FIP 220016492900002</p> Signup and view all the answers

    How many pages are in the account statement?

    <p>2</p> Signup and view all the answers

    What is the name of the card associated with Mr. Mohamed Mahmoud?

    <p>Mastercard</p> Signup and view all the answers

    What is the balance after deducting the loan outstanding from the initial amount?

    <p>BHD 54.177</p> Signup and view all the answers

    What will be the amount debited from your specified account on January 30, 2025?

    <p>BHD 36.916</p> Signup and view all the answers

    What was the total Air Miles balance after earning additional miles?

    <p>2,869</p> Signup and view all the answers

    What is the new closing balance after the payments and debits?

    <p>BHD 188.765</p> Signup and view all the answers

    What is the current minimum payment due as stated?

    <p>BHD 36.916</p> Signup and view all the answers

    Which of the following reflects the opening balance amount?

    <p>BHD 237.929</p> Signup and view all the answers

    What is the total Air Miles balance after the earned miles are combined?

    <p>2,869</p> Signup and view all the answers

    What is the payment summary amount shown in the document?

    <p>BHD 36.916</p> Signup and view all the answers

    Study Notes

    Account Statement Summary

    • Account Holder: Mr. MOHAMED MAHMOUD MOHAMED IBRAHIM
    • Account Details: 5455 9400 4663 2895, FIP 220016492900002
    • Statement Date: 05JAN2025
    • Opening Balance: BHD 237.929
    • Closing Balance: BHD 188.765
    • Credit Limit: BHD 1,000.000
    • Minimum Payment Due: BHD 36.916
    • Due Date: 30JAN2025
    • Air Miles Balance: 2,869
    • Bank: HSBC Bank Middle East Limited, Bahrain Branch

    Payment Summary

    • Payment Slip: Customer service number and details for reporting lost/stolen cards are included.
    • Cardholder Name: Mr. MOHAMED MAHMOUD MOHAMED IBRAHIM
    • Card Number: 5455 9400 4663 2895
    • Payment Instructions: Make payable to "HSBC Cards", card number on reverse, return portion with cheque.

    Additional Information

    • HSBC Bank Address: P.O. Box 57, Manama, Kingdom of Bahrain
    • Bank License: Licensed and regulated by the Central Bank of Bahrain as a Conventional Retail Bank in the Kingdom of Bahrain and lead regulated by the Dubai Financial Services Authority.
    • Account Currency: Bahraini Dinars (BHD)

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    Description

    This quiz reviews the details of an account statement for Mr. Mohamed Mahmoud Mohamed Ibrahim at HSBC Bank. It covers important aspects such as opening and closing balances, payment instructions, and additional bank information. Test your understanding of banking statements and payment processes.

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