Mastering Current Accounts and Payment Methods Quiz

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5 Questions

What can holders of current accounts use for making payments?

Online banking

What can customers do with online banking services?

Monitor their accounts

What can be constantly updated to show up-to-the-minute receipts, payments and balances?

Current account statement

What can customers do if a potential problem makes it necessary to transfer money from another account?

Use online banking services

What can online banking services allow customers to do?

All of these

Study Notes

Online Banking Services

  • Holders of current accounts can use debit cards, standing orders, and direct debits for making payments.
  • Online banking services enable customers to view their account balances, pay bills, and transfer money.
  • Account balances can be constantly updated to show up-to-the-minute receipts, payments, and balances.
  • If a potential problem arises, customers can transfer money from another account to address the issue.
  • Online banking services allow customers to set up and manage their accounts, pay bills, and transfer funds online.

Test your knowledge on current accounts and payment methods in this quiz! Learn about the different ways you can make payments using a current account, including online banking services. Discover how technology has made it easier for customers to monitor their accounts and access real-time statements.

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