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Business English - Funds Transfer and Deposits

Funds Transfer and Deposits

Maria: Alice, have you transferred the funds to the Anderson account yet?
Alice: No, I haven't done that yet.

Maria: Good, there are a few changes we need to make.
Alice: Really? It's good I haven't had a chance to go to the bank yet. What has been changed?

Maria: They've asked to how the funds transferred into three different accounts. Here's the updated information.
Alice: This looks more complicated.

Maria: It's not that difficult. Just take along the account numbers, amounts and payment scheme to the bank with you.
Alice: Am I authorized to make these changes?

Maria: I can call ahead and let them know. Here's the PIN number in any case.
Alice: Is there anything else I need to do?

Maria: Yes, could you make these deposits when you go.
Alice: Certainly, which accounts do you want to use.

Maria: Deposit the checks into our savings account. Put the cash into checking
Alice: OK, I'll probably leave in about a half an hour.

Key Vocabulary

to transfer funds
payment scheme
to be authorized to do something
to call ahead
PIN number

Check your understanding with this multiple choice comprehension quiz.

By Kenneth Beare, Guide