English for Bankers and Financial Workers: Communicating with Confidence in Finance
In today’s global economy, banking and finance professionals often use English when dealing with international clients, investors, or colleagues. Whether you’re a teller at a bank branch, a financial analyst, or a customer service representative, clear English communication is essential to build trust, avoid misunderstandings, and deliver excellent service. This post will cover key vocabulary, useful phrases, and communication tips for professionals in banking and finance. Essential Vocabulary for Banking and Finance Banking Basics Account – a record of a customer’s money with the bank. Balance – the amount of money available in an account. Deposit – putting money into an account. Withdrawal – taking money out of an account. Interest rate – percentage charged on loans or earned on savings. Loan / Mortgage – borrowed money that must be repaid with interest. Overdraft – spending more than the available balance. Transaction – any movement of money (de...