Toshkent m oliyainstituti

Task 3.Give your idea on the topic: “Product development”

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How do you create an effective organization 
Task 2. Read and retell the text.
Not all people have checking accounts. Yet there are still occasion when it is 
either impractical or unsafe for them to use cash. Sometimes personal checks may 
not be accepted, or the individual trying to cash the check may not be known. So 
when making a large purchase or traveling far from home, people often must use a 
different means of payment. Often people who do have checking accounts use 
money orders to purchase goods through the mail, even if sellers accept personal 
checks. The person for this is that the order will be processed more quickly. With a 
money order, steps to fill the purchase can be started immediately.
One form of payment that is almost always bought by people before a trip or 
vocation is traveler’s checks.
Traveler’s checks have the feature of making money available on the spot. Traveler’s 
checks can be purchased at financial institutions, telegraph companies, travel 
agencies, and airports.
Commercial banks in particular offer several other forms of payment that are often 
more acceptable than the typical personal check. Since they function a great deal 
like checks, however, they can be regarded as special checks. People use them for 
specific purchases for which personal checks are not suitable.
A personal check that a bank stamps with a guarantee that there is enough money in 
the account to cover it is called a certified check. When a bank certifies a check, it 
deducts the amount of the check from the depositor’s account at the time the check 
is certified. In this way the person or business to whom you are writing the check is 
assured that enough money is actually set aside. Usually a certified check is a good 
idea when a large sum of money is being transferred.
Task 3.Give your idea on the topic: “Top banks”