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Business and money

10 original practice questions. Open them in any order.

Independent preparation material, not an official IELTS test or score prediction.

Oakridge Community Bank: Business Account Notice

Oakridge Community Bank is pleased to support local entrepreneurs and small businesses with our tailored banking solutions.

Account Features & Fees: - Starter Business Account: Designed for sole traders with a turnover of under $50,000 per year. Monthly maintenance fee: $5 (waived if a minimum daily balance of $1,000 is maintained). - Growth Business Account: Ideal for registered partnerships and small corporations. Monthly maintenance fee: $15. Includes up to 50 free electronic transactions per month; additional transactions cost $0.35 each. - Cash Deposit Limits: Business accounts permit cash deposits of up to $5,000 per month at any branch counter without incurring handling fees. Deposits exceeding this limit are subject to a 0.5% surcharge.

Security Reminder: Bank representatives will never ask for your account password, PIN, or secure login tokens via email, SMS, or telephone.

Question 1 of 10 · easier

Short Answer

Answer the question below. Choose NO MORE THAN TWO WORDS AND/OR A NUMBER from the text for your answer.

What is the monthly maintenance fee for the Starter Business Account?

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