Savings Account Current Account Time Deposit UITF _________________1. The simplest form of bank account. _________________2. A bank account which cannot be withdrawn until the contract period has ended. _________________3. It is a type of bank account that pooled funds managed by experts to ensure high yield and quality returns. _________________4. It allows a limited number of withdrawals only. _________________5. It makes saving very rewarding. _________________6. It allows numerous withdrawals with a large sum of money. _________________7. The investors earn through the increase in fair value of the pooled fund. _________________8. The investors earn through interest while saving. _________________9. This bank account comes with atm or passbook. ________________10. This is evidence by a certificate of deposit.
- Direction: Match the following bank accounts to its usage or description listed below. Write your answer on the blank before the number. Choose from the following
Savings Account Current Account Time Deposit UITF
_________________1. The simplest form of bank account.
_________________2. A bank account which cannot be withdrawn until the contract period has ended.
_________________3. It is a type of bank account that pooled funds managed by experts to ensure high yield and quality returns.
_________________4. It allows a limited number of withdrawals only.
_________________5. It makes saving very rewarding.
_________________6. It allows numerous withdrawals with a large sum of money.
_________________7. The investors earn through the increase in fair value of the pooled fund.
_________________8. The investors earn through interest while saving.
_________________9. This bank account comes with atm or passbook.
________________10. This is evidence by a certificate of deposit.
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