Accountancy, asked by Shru11, 1 year ago

What is main aim and objectives of bank advice and bank passbook??


shetriyas: why do u wnt
Shru11: For my project

Answers

Answered by sawakkincsem
2
Bank passbook is used to record transactions of a bank account, bank book is usually used for the savings account and this was initially introduced to give the account holders the information about their accounts in their own hands, it is the size of a passport. 
Banking advice is issued to other banks to authorize the money to the person who is trying to withdraw his money from the other branch.
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