what is the difference between passbook and customer account??
Answers
Answered by
1
Bank passbook is a book that records the bank transactions in a savings account. It is the exact copy of thecustomer's account in the bank's book. It records the deposits, withdrawals, interest credited, bank charges, etc. during a financial year. The passbookis issued by the bank to itscustomers.
Answered by
0
Pass book is used by Bank.
Customer account is account of a customer in which he records his all transactions.
Similar questions