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You'd be charged a certain fee for going below the maintaining balance.

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12y ago

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What is record book for a savings account?

A Passbook


How much is the maintaining balance for your bpi account?

For BPI Easy Saver's Account -> no maintaining balance. For BPI Savings Account (Regular)-> Php.3,000 maintaining balance


Why is a passbook useful for an individual with a savings account?

A passbook is useful for an individual with a savings account because it allows that individual to keep track of how much money he or she has in that account.


Record book for savings account?

Passbook


I have an old saving account with long island bancorp inc who do you call about it?

I have an old passbook account with Long Island Savings Bank. Where can I check the balance of this account?


How can one create a passbook savings account?

One can create a passbook savings account by applying with many different companies. Some companies that allow one to make passbook savings accounts include Citzens Bank and Capital One 360.


How do you know my passbook savings?

found passbook from 1980, balance shows $5.23 dime savings bank of new York, can this still be active?


What is a passbook savings account?

Passbook savings account is the savings account where all record of credits and debits, including deposits, withdrawals, and interest, are recorded on a passbook usually kept by the account holder. Passbooks are routinely updated with the necessary information by the bank. This type of account is well suited for those depositors who transact infrequently on their account and who don't have a need for a monthly statement.


What is the record book for a savings account called?

It is called a passbook.


A passbook account is a type of checking account?

Maybe. A passbook is just a booklet that contains all details of banking transactions done on the bank account to which it is linked. It can be linked to a savings account, a recurring deposit account or even a checking account. So, by just knowing that an account has a passbook, we cannot conclude if it is a checking account


What are advantages of a passbook savings account?

A passbook is a small notebook that is issued to us when we open an account with a bank. It would contain our details like name, account number etc. Also it would contain the list of all transactions (deposits and withdrawals) that were done in our account. This will be useful for us to revisit our banking pattern and also to find out the balance we have in our account.


Which banks or building societies offer a passbook savings account?

There are many banks or building societies that offer a passbook savings account to customers. One can get them from 'Yorkshire Building Society', 'Chelsea Building Society' and 'West Bromwich Building Society'.