Unit Award Scheme

115370 FINANCIAL MANAGEMENT (UNIT 1): BANKING

In successfully completing this unit, the Learner will have

Evidence needed

demonstrated the ability to

1complete a sample bank application formSummary sheet and/or student completed work
2identify three forms of ID required to open a bank accountSummary sheet

shown knowledge of

3two reasons why a person might have their application to open a bank account declinedSummary sheet
4two different banks within the local areaSummary sheet
5two differences between a current account and a savings accountSummary sheet
6five common terms used within banking.Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Entry Level