1. Savings accounts Ms Dooley

2. What is a savings account? http://www.youtube.com/watch?v=vKgQ4pKVkGo

3. Definition A savings account is different to a current account - when you put money into a savings account, the intention is to leave it there until you need it for something specific i.e. holiday, car, house, wedding, rainy day etc.

4. Different Types of Savings Accounts Online Products Demand/ Regular Saver Fixed Term/Notice Junior / Student Saver

5. Online Products Online saverOnline Notice DepositOnline Fixed Term Deposit

6. Demand/Regular Saver AIB Saver Demand Deposit Direct Deposit Access

7. Fixed Term/Notice Select Fixed Term Deposit Notice DepositDirect Deposit Term

8. Junior/Student saver Junior SaverStudent Saver

9. What is interest?

10. Interest As a reward for saving your money in the bank, the bank will add a small amount of money into your account each year. This amount is called 'interest', it is calculated as a percentage of the amount you have saved.

11. Exam Question List four different types of financial institutions where a person can save money.

12. Cheques http://www.youtube.com/watch?v=u8rVXZ1XARE

13. What is a Cheque?

14. Definition A Cheque is a written instruction by a current account holder to their bank to pay the stated sum of money to a named person or business.

15. Parties of a Cheque Drawer- Person who writes out the cheque & signs it Drawee- The bank the cheque was drawn on Payee- The person or business the cheque is payable to

16. Items on a cheque