Chapter: 11th Office Management and Secretaryship : Chapter 9 : Banking Services
Bank Pass Book (or) Bank Statement
Bank
Pass Book (or) Bank Statement:
Bank
Passbook or Bank Statement is a copy of the account of the customer as it
appears in the bank’s books. When a customer deposits money and cheques into
his bank account or withdraws money, he records these transactions in the bank
column of his cashbook immediately. Correspondingly, the bank records them in
the customer’s account maintained in its books. Then they are copied in a
passbook and given to the customer. With the computerization of banking
operations, bank statements (in lieu of passbook) are issued to the customers
periodically.
Thus
passbook is a record of the banking transactions of a customer with a bank. All
entries made by a customer in his cashbook (bank column) must be entered by the
bank in the passbook.
Format
of a Bank Passbook or Bank Statement:
Name
of the bank__________
Address
of the bank____________
Account
No._________________
Customer
Name:_______________
Address
of the customer.___________
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