Accountancy, asked by tapodeepthenin, 19 days ago

Advantages of passbook
Disadvantages of passbook​


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Answers

Answered by sahuvedram969
0

Answer:

Advantages of passbook

Safer Transactions. some people feel that passbook savings accounts offer safer transactions. ...

Safer Transactions. some people feel that passbook savings accounts offer safer transactions. ...Easy to Focus on Saving. With a passbook savings account, you do not use an ATM card to withdraw your funds

Disadvantages of ppassbook

Disadvantages of passbook accounts include:

Disadvantages of passbook accounts include:Passbook savings accounts often offer little to no electronic account management options. ...

Disadvantages of passbook accounts include:Passbook savings accounts often offer little to no electronic account management options. ...You'll often reap lower interest rates on your passbook savings account balance when compared with other types of savings accounts.

Explanation:

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