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Banking Book

Banking Book

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Publicado por9290010274
Banking Book
Banking Book

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Published by: 9290010274 on Nov 08, 2011
Direitos Autorais:Attribution Non-commercial

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08/03/2013

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The object of a pass book is to inform the customer from time to time the status of his account
as it appears on the books of the bank. It supplies evidence in favour of the customer in the
event of the litigation or dispute with the bank. In this way, it protects the customer against
the carelessness or fraud of the bank. The pass book also enables the customer to prepare
“bank reconciliation statement” for the purpose of finding out the causes of difference
between the balance as shown by his cash book and the bank pass book.

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