Banking and funding and their role in our life. Methods of paying. Discuss why it is important to open a bank account. Do you think it is safe to keep all your money in a bank? Which payment method do you prefer?
Since banking and funding are very important for the functioning of the modern world, the way we profit from capital would not work without a banking system.
As a result
, they allow people to save salary, and pay for things easily and securely. Therefore
, every country in the world has its own banks, and they have branches in almost every city, making it convenient for people to use them.
Although
many banking transactions can be done online, there are still some things that require visiting a bank
, like opening or closing an account or depositing money
. In addition
to local branches, each bank
has a head office where all centralised tasks are performed, allowing the local branches to function.
Most clients will simply need to speak with the tellers if they wish to deposit cash or a check into their account. However
, if they want to open or withdraw more money
than is in their account, they may need to see a manager. If they want to borrow money
for a loan, they will need to meet with the manager to request authorization for the loan.
It is generally agreed that keeping money
in a bank
is better than keeping it at home in a safe. However
, there have been cases of funds being withdrawn from accounts due to
fraudulent activities. Do you agree with this
?
Along with
using cash or checks, banks also
offer their customers more convenient methods such
as debit and credit cards. In my opinion, these methods are more convenient because you only need to carry a plastic card to pay for items. When using plastic, you can pay for any purchase with ease. You will need to either sign a receipt or enter a PIN number to confirm the purchase and prove that you are authorized to use it. I believe that paying with a QR code through the app instead
of using cash or a card is the most convenient. Which payment method do you prefer?
To summarize, the range of banking services is expanding every day, and the system is improving. I am confident that anyone who uses the bank
's services will find a service that suits their needs.Submitted by lioness1970 on
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examples
To enhance your essay, try to provide more specific examples to support your points, especially when discussing the safety of keeping money in banks and the convenience of different payment methods.
paragraph structure
While your essay has a strong structure, make sure to clearly delineate your paragraphs to improve readability and the flow of information.
conclusion
Consider a more distinct conclusion summarizing your stance on the importance of banking and your preferred payment method, reinforcing your argument.
topic understanding
The essay effectively explains the importance of banking and funding, showing a good understanding of the topic.
idea expression
Your use of comprehensive ideas to discuss the function and necessity of banking in modern society is commendable.
topic variation
You've nicely introduced an array of payment methods, illustrating the evolution and convenience of modern banking services.
Fully explain your ideas
To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).
For we to consider an essay structure a great one, it should be looking like this:
- Paragraph 1 - Introduction
- Sentence 1 - Background statement
- Sentence 2 - Detailed background statement
- Sentence 3 - Thesis
- Sentence 4 - Outline sentence
- Paragraph 2 - First supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 3 - Second supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 4 - Conclusion
- Sentence 1 - Summary
- Sentence 2 - Restatement of thesis
- Sentence 3 - Prediction or recommendation
Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.