Banking Terminology Banking and financial operations are bringing the world more and more closer together Capital and financial markets which were once completely isolated, and banking systems burdened with bureaucracy and problems are now communicating all over the world. . Nowadays banks and financial institutions are linked by common interests and technology enables the smooth transfer of information from one end of the world to the other, facilitating swifter and more efficient services. The development of the world is a natural progress, responding to a growing demand for its services. A significant role in this process is played by English, the common language of international bankers. It provides them with a standard instrument for communications.