Banking Awareness: IBPS Exam related banking word:

Balance: the difference between credits and debits in an account
Bank charges: money paid to a bank for the bank’s services etc
Branch: local office or bureau of a bank
Checkbook: book containing detachable checks; chequebook
Check: written order to a bank to pay the stated sum from one’s account; cheque
Credit: money in a bank a/c; sum added to a bank a/c; money lent by a bank
Credit card (plastic) card from a bank authorising the purchasing of goods on credit
Current account: bank a/c from which money may be drawn at any time; checking account
Debit: a sum deducted from a bank account, as for a cheque 
Deposit account: bank a/c on which interest is paid; savings account
Fill in: to add written information to a document to make it complete; to fill out
Interest: money paid for the use of money lent – interest rate.
Loan: money lent by a bank etc and that must be repaid with interest.
Overdraft: deficit in a bank account caused by withdrawing more money than is paid in
Pay in: [paid, paid] to deposit or put money in to a bank account
Payee: person to whom money is paid
Paying-in slip small document recording money that you pay in to a bank account
Standing order: an instruction to a bank to make regular payments
Statement: a record of transactions in a bank account
Letter of credit: a letter from a bank authorising a person to draw money from another bank
Bill of lading: list of goods and shipping instructions; waybill
Point of sale. the place where a product is actually sold to the public
A.T.M. Automated Teller Machine; cash dispenser
Banknote: a piece of paper money; bill
Bill a banknote: a piece of paper money
Black market: illegal traffic in officially controlled commodities such as foreign currency
Bureau de change:  establishment where currencies of different countries may be exchanged
Cash: coins or bank notes (not cheques); actual money paid as opposed to credit
Cash dispenser: automatic machine from which clients of a bank may withdraw money; ATM
cashier: person dealing with cash transactions in a bank, store etc
Currency: the money in general use or circulation in any country
Exchange rate: the rate at which one currency can be exchanged for another
Foreign exchange: the currency of other countries
Hard currency: currency that will probably not fall in value and is readily accepted
Invest:  to put money for profit into business, land etc – investment
Legal tender: currency that cannot legally be refused in payment of a debt
Petty cash: a cash fund for small, everyday expenses
Soft currency: currency that will probably fall in value and is not readily accepted
Speculate: (risky) buying of foreign currency, land etc for rapid gain – speculation
Transaction: a (usually commercial) exchange; a deal – to transact