Banking system

Министерство образования РФ НГУЭУ Кафедра иностранных языков Реферат на тему: SYSTEM OF BANKING Выполнила: студентка гр.БК-31 Плотникова Надежда Владимировна Проверила: Посаженникова Тамара Семеновна Новосибирск -2004- PLAN:   1.     Introduction……………………………………………………………….....3 2.     Banking service……………………………………………………………...4 3.    Establishing a bank account…………………………………………………5 4.    Cashier’s

check……………………………………………………………...6 5.     The banks of England……………..………………………………………...7 6.     The banking system in Russia……………………………………………….9 7.     The conclusion …………………………………………………………….10 8.     The literature……………………………………………………………….11 9.     The translation………………………………..…………………………...12 1.Introduction My scientific work devoted to the analyses a banking system. In my talk today I will be looking at banking services and

the banking system in England and Russia. I have chosen the banking system for the topic of my scientific work as it is one of the most important instruments of the economy. It is an open secret that banks are the most important link in the world of money.. This is because, first of all, banks nowadays perform the main part of the work of transferring money from a customer to a seller, by operating the system of payments in the economy. Almost everyone in the world uses or has used banking services. Families keep their savings there, and banks pay them interest rates on their deposits and give them loans to buy expensive goods. Companies conduct payments through them. Commercial organizations, which work at the market and in production, take loans for their needs and conduct all

payments with buyers and sellers through them. Landowners and owners of real estate take loans from the banks to buy an estate or to make use of it and pay back loaned money. 2. Banking services I’d like to start by giving you structure of banking system. The various services provided by banks are summarized bellow. 1)    The provision of safe deposit facilities for money and valuables. 2)    The lending of money: this is the most profitable activity of the banks and the one which provides most of their income. 3)    The issuing of banknotes: in England and Wales this right is restricted to the Bank of England? But some banks in Scotland and Northern Ireland retain the right to issue their own banknotes. 4)    The

provision of efficient money transmission services (e.g. cheques, credit cards) In addition to these basic functions, modern banks provide a wide range of other financial services. 3. Establishing a bank account One of the first things should do after you arrive the United States is establish a bank account. It is not a good idea to carry large amounts of cash or keep it in your living quarters. Most banks have main offices in the center of cities and towns, and also have smaller offices, called «branches», in other parts of the city or town, as well as in suburban locations. Banks are generally open Mondays through Fridays, usually from 9:00 a.m. to 12:00 noon. Remember that banks are private businesses. They are all different and each wants to get your business. You should