1. © Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 1 Chapter 7 LESSON 7.5 Other Banking Services Objectives: By the end of class, students will be able to:  Identify alternatives to personal checks and explain their uses  Describe the use of wire transfers and safe deposit boxes

2. © Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 2 Chapter 7 Different Checks for Different Purposes  Certified checks  Cashier’s checks  Money orders  Traveler’s checks

3. © Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 3 Chapter 7 Other Services  Wire transfers  Safe deposit boxes

4. © Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Student Practice/Application  1. Read pages 248-253 in your Economics textbook.  2. Complete Try These questions 1-7 on page 253 of your Economics textbook.  3. Complete Think Critically questions 8,9 & 11 on page 253 of your Economics textbook.  4. Complete Exit Ticket Question Slide 4 Chapter 7