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What is a paying-in book?

MoRas
Posts: 35 Forumite
What is a paying-in book? What is the difference between a cheque book and a paying-in book?
i got one book which says ''Paid in by''
and another book which says ''PAY''
i got one book which says ''Paid in by''
and another book which says ''PAY''
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Comments
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A cheque book you used to pay people with and a paying in book you use to pay money into your account.0
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If you can't tell the difference between cheques and a paying in book, should you really have a bank account at all?0
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I did actually question whether the OP was taking the mick.0
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When I got my first bank account at the age of 11, I thought my paying in book was a cheque book...! Haha.0
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The book which says "paid in by" is your paying in book - cash paid in by you. Cash you pay into your bank account.
The book which says "Pay" means money you pay to people from your bank account - this is your Cheque Book.
HTH0 -
It's a fair question. Most ordinary cheque books have a section at the back containing paying-in slips, so it's a combined book.
Most people who only pay money in in person occasionally probably never realise what a paying in slip is - you just use your card or sign a slip at the cashier's desk.
If you make lots of payments in then you might need a full paying in book - ie a thicker book composed only of tear-off paying in slips.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Clifford_Pope wrote: »It's a fair question. Most ordinary cheque books have a section at the back containing paying-in slips, so it's a combined book.
Most people who only pay money in in person occasionally probably never realise what a paying in slip is - you just use your card or sign a slip at the cashier's desk.
If you make lots of payments in then you might need a full paying in book - ie a thicker book composed only of tear-off paying in slips.
I always have to fill in a paying in slip before hand.0 -
If you can't tell the difference between cheques and a paying in book, should you really have a bank account at all?Is that really necessary, it's just a simple question.
If the OP had to ask such simple question one wonders whether it's just the question that is simple.0
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