Banks are important places where people keep their money, save for the future, and handle financial needs. Whether you want to open an account, deposit cash, or use an ATM, it is helpful to know the common words used in banks. Learning bank vocabulary in English makes it easier to talk about money matters and understand how banking works. This is useful for students, travelers, and anyone who wants to improve their English skills. In this article, we will learn common bank vocabulary words in English with their pictures to help you learn and remember them easily.
List of Bank Vocabulary in English
- Account
- ATM
- Bank
- Banker
- Bill
- Budget
- Card
- Cash
- Cashier
- Check
- Chequebook
- Collateral
- Credit card
- Currency
- Debit card
- Deposit
- Digital banking
- Direct deposit
- E-banking
- E-statement
Bank Vocabulary in English with pictures
- Account
A place where your money is kept in a bank.
- ATM
A machine where you can withdraw or deposit money using a card.
- Bank
A place where people save money, borrow money, or get other financial services.
- Banker
A person who works at a bank and helps with financial services.
- Bill
A document that shows how much money you owe for something.
- Budget
A plan for how to spend and save your money.
- Card
A plastic tool like a credit or debit card used to pay or withdraw money.
- Cash
Money in the form of coins or notes that you can hold and use.
- Cashier
A person at a bank or store who handles money transactions.
- Check
A paper that tells the bank to pay money from your account.
- Chequebook
A book of checks that you use to make payments.
- Collateral
Something valuable you give to a bank as a promise to repay a loan.
- Credit card
A card that lets you borrow money to buy things and pay later.
- Currency
The money used in a specific country, like dollars or rupees.
- Debit card
A card that takes money directly from your bank account when used.
- Deposit
To put money into your bank account.
- Digital banking
Using the internet or apps to do banking from a phone or computer.
- Direct deposit
When money, like your salary, is sent straight into your bank account.
- E-banking
Doing all your banking online without going to the bank.
- E-statement
A bank account report you receive through email instead of on paper.
Bank Vocabulary in English with pictures
Bank Vocabulary in English
- Electronic transfer
- EMI (Equated Monthly Installment)
- Exchange rate
- Fee
- Financial advisor
- Financial goal
- Fixed deposit
- Fund
- Income
- Inflation
- Installment
- Joint account
- Ledger
- Loan
- Loan officer
- Mortgage
- Mobile banking
- Net banking
- Net worth
- Overdraft
Useful English Vocabulary You Need at the Bank
- Electronic transfer
Moving money from one account to another using digital methods.
- EMI (Equated Monthly Installment)
A fixed monthly amount you pay to repay a loan.
- Exchange rate
The value of one country’s money compared to another’s.
- Fee
A small amount of money charged for a service.
- Financial advisor
A person who gives advice on saving, investing, or managing money.
- Financial goal
A money plan you want to achieve in the future, like saving for a house.
- Fixed deposit
A bank account where you keep money for a set time and earn interest.
- Fund
A group of money set aside for a specific purpose or investment.
- Income
The money you earn from work, business, or other sources.
- Inflation
A rise in prices that makes money worth less over time.
- Installment
One of the payments made to repay a loan over time.
- Joint account
A bank account shared by two or more people.
- Ledger
A record book that tracks money in and out of accounts.
- Loan
Money borrowed from a bank that must be paid back later.
- Loan officer
A person at a bank who helps people get loans.
- Mortgage
A loan used to buy a house, usually paid back over many years.
- Mobile banking
Using your mobile phone to do banking tasks like checking your balance.
- Net banking
Doing bank work through a computer or online system.
- Net worth
The total value of what you own minus what you owe.
- Overdraft
When you spend more money than you have in your account, and the bank covers it.
Useful English Vocabulary You Need at the Bank
Banking Vocabulary List
- Online payment
- Passbook
- Payee
- Pension
- Portfolio
- Profit
- Receipt
- Remittance
- Reserve
- Safe
- Savings
- Savings account
- Security code
- Service charge
- Signature
- Statement
- SWIFT code
- Teller
- Term deposit
- Token
80 words associated with banking and their Pictures
- Online payment
Paying money through the internet using a phone or computer.
- Passbook
A small book from the bank that shows your account’s transaction history.
- Payee
The person or company who receives a payment.
- Pension
Money given regularly to someone after they retire from work.
- Portfolio
A collection of different investments owned by a person or company.
- Profit
The money you earn after subtracting all expenses.
- Receipt
A paper or digital slip that shows proof of a payment or purchase.
- Remittance
Money sent to someone, especially from one country to another.
- Reserve
A certain amount of money saved or held by a bank for safety.
- Safe
A secure box in a bank or home used to store money and valuables.
- Savings
The money you keep and do not spend.
- Savings account
A bank account where you store money and earn a small interest.
- Security code
A number used to protect credit or debit card transactions.
- Service charge
A fee the bank charges for managing your account or transactions.
- Signature
Your handwritten name used to approve banking documents or checks.
- Statement
A printed or online record of all your bank transactions.
- SWIFT code
A unique code used for international bank transfers.
- Teller
A bank worker who handles customer transactions at the counter.
- Term deposit
Money locked in the bank for a set time, earning higher interest.
- Token
A small electronic device used for secure online banking access.
80 words associated with banking and their Pictures
English vocabulary for banking
- Transaction
- Transfer
- Treasury
- Trust account
- Username
- Vault
- Verification
- Virtual account
- Withdrawal
- Wire transfer
- Wire fee
- Working capital
- Yearly statement
- Zero balance account
- Tax
- Utility bill
- Loan agreement
- Retirement account
- Online banking app
- Financial literacy
Bank vocabulary in English with Pictures
- Transaction
Any activity where money is added or taken out of your bank account.
- Transfer
Moving money from one account to another.
- Treasury
A place where a bank or country keeps and manages its money and assets.
- Trust account
A special bank account managed by someone on behalf of another person.
- Username
A name you use to log into online banking or banking apps.
- Vault
A strong, secure room in a bank for storing money or valuables.
- Verification
The process of confirming your identity or bank details.
- Virtual account
An online-only account used for digital banking and tracking payments.
- Withdrawal
Taking money out of your bank account.
- Wire transfer
Sending money electronically from one bank to another.
- Wire fee
A small charge the bank takes when sending a wire transfer.
- Working capital
The money a business uses for daily operations.
- Yearly statement
A bank record that shows your transactions for the entire year.
- Zero balance account
A bank account that does not need a minimum amount of money.
- Tax
Money you must pay to the government from your income or purchases.
- Utility bill
A bill for home services like electricity, water, or gas.
- Loan agreement
A legal document that explains the terms and rules of a loan.
- Retirement account
A savings account for money used after you stop working.
- Online banking app
A mobile app that helps you manage your bank account on your phone.
- Financial literacy
Understanding how to manage money, savings, and expenses wisely.
Bank vocabulary in English with Pictures
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