Learn English Vocabulary

10 phrasal verbs used in a bank

Phrasal Verb Meaning Examples
Check out To examine or investigate something
  • Can you check out this customer's account?
  • We need to check out the new banking regulations.
  • They checked out the loan application thoroughly.
  • It's important to check out any suspicious activity.
  • She asked me to check out the interest rates.
Fill out To complete a form or document by providing required information
  • Please fill out this application form.
  • Make sure to fill out all the necessary fields.
  • He filled out the deposit slip at the counter.
  • She filled out the loan agreement carefully.
  • Customers can fill out the form online.
Sign off To formally approve or authorize something
  • We need the manager to sign off on this transaction.
  • They signed off on the new investment proposal.
  • The CEO has to sign off on all major decisions.
  • He signed off on the loan application after reviewing it.
  • We can proceed once they sign off on the agreement.
Put aside To reserve or save something for later
  • They put aside a portion of their earnings for savings.
  • We need to put aside some funds for unexpected expenses.
  • She put aside time to review the financial statements.
  • Let's put aside this amount for future investments.
  • The bank put aside a budget for marketing efforts.
Write off To acknowledge a loss or debt as uncollectible
  • The bank decided to write off the bad debts.
  • They had to write off the loan as a loss.
  • We can't continue to chase after them; it's time to write off the debt.
  • The company had to write off the inventory due to damage.
  • The bank decided to write off the non-performing assets.
Take out To withdraw money from an account or obtain a loan
  • He took out a mortgage to buy a house.
  • She took out a personal loan to cover her expenses.
  • They took out a business loan to expand their operations.
  • We need to take out some cash from the ATM.
  • He took out a substantial amount from his savings account.
Run out To deplete or exhaust a resource, such as funds
  • We're running out of cash; we need to replenish the ATM.
  • They ran out of funds to continue the project.
  • The account ran out of available balance.
  • If we don't act fast, we'll run out of investment opportunities.
  • We can't afford to run out of capital at this stage.
Set up To establish or arrange something, such as an account or service
  • They set up a new savings account for their child.
  • We need to set up direct deposit for your salary.
  • She set up automatic bill payments for her utilities.
  • The bank helped him set up an investment portfolio.
  • They set up a trust fund for their grandchildren.
Bring in To introduce or generate income or revenue
  • We need to bring in more clients to boost profits.
  • They're bringing in substantial revenue from their investments.
  • The new marketing campaign aims to bring in more customers.
  • He's trying to bring in investors for his startup.
  • The bank is bringing in significant income from interest.
Pay back To repay money that was borrowed
  • He promised to pay back the loan by the end of the month.
  • They paid back the borrowed amount with interest.
  • She's struggling to pay back her student loans.
  • We need to make arrangements to pay back the creditor.
  • The company paid back its debts ahead of schedule.