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pass book is a thing is used in bank

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11y ago
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1mo ago

A passbook is a physical record of all transactions made in a bank account. It is important as it provides a detailed history of deposits, withdrawals, and interest earned, helping account holders keep track of their finances, reconcile discrepancies, and monitor their account activity. Passbooks are particularly useful for individuals who prefer physical records over digital statements.

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Q: What is pass book and its importance?
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