Questions about paying in book and saving account books

LAAQ

I have savings accounts, and I wanted a book to track when I pay money into my savings account in the branch. I thought this was a paying in book, however when it arrived... It looked completely different to what I was expecting.

I don't understand what the benefit of a paying in book is? If you don't have one you can still pay cash into your account?

And in regards to savings account book,, I believe what I am after is a pass back. Do these exist? Can I request one for my savings account?

Any answers would be appreciated.

LobsterMemory

Progress mate, innit.

Instead of using the internet to lament lost tomes, login to your savings provider and ser what your options are

Ben8282

Normally a paying in book refers to a book containing several paying-In slips (bank giro credits) for use with a current account.
A passbook was traditionally used by building societies and some banks for savings accounts and contains details of the transactions made on the account.
What exactly have you received, what were you expecting and how does what you received differ from what you want?

20SmthngSver

It's so your have a stub record of what you've paid in. Usually it's banks that provide these for current accounts and savings account. Or you can use your card to verify yourself.

Building Societies will issue a passbook.

MovingForwards

Passbook accounts rarely pay a reasonable interest rate nowadays.

If you want to keep a written record buy an accounts book for a couple of quid, 99p on eBay, and keep manual records of payments in / withdrawal or have a spreadsheet and update that on your PC / laptop / phone.

The latter is how I keep track and i have it set to total all my accounts so I have a complete overview of how much I have.

General_Grant

LAAQ wrote: »

I have savings accounts, and I wanted a book to track when I pay money into my savings account in the branch. I thought this was a paying in book, however when it arrived... It looked completely different to what I was expecting.

I don't understand what the benefit of a paying in book is? If you don't have one you can still pay cash into your account?

And in regards to savings account book,, I believe what I am after is a pass back. Do these exist? Can I request one for my savings account?

Any answers would be appreciated.

I think the term is "passbook". Read the terms of the account you have opened/want to open and see whether it is a passbook account. If it isn't then asking for one shouldn't get you anywhere.

LAAQ

Ben8282 wrote: »

Normally a paying in book refers to a book containing several paying-In slips (bank giro credits) for use with a current account.
A passbook was traditionally used by building societies and some banks for savings accounts and contains details of the transactions made on the account.
What exactly have you received, what were you expecting and how does what you received differ from what you want?

Thank you for your reply.

I have the bank giro credits! But I have them for my savings accounts as well as my current account. What I'm trying to understand is, what benefit will these have to me? Even without these bank giro credits, I can still pay money into my account?

What I wanted was a pass book for my savings account, but I don't think it's possible?

LAAQ

20SmthngSver wrote: »

It's so your have a stub record of what you've paid in. Usually it's banks that provide these for current accounts and savings account. Or you can use your card to verify yourself.

Building Societies will issue a passbook.

Thanks for your reply. Would all building societies issue a pass book for their savings account?

Old_Lifer

A building society website will normally tell you if they offer a savings account with a passbook. Many building societies still do.

jen49

Virgin Money issue a passbook with their RS and one other that I have (can't remember the name of the account) both have decent rates of interest

Murmansk

LAAQ wrote: »

Thank you for your reply.
I have the bank giro credits! But I have them for my savings accounts as well as my current account. What I'm trying to understand is, what benefit will these have to me? Even without these bank giro credits, I can still pay money into my account?

I think the paying in book of bank giro credit slips allows you to pay into your account at a bank other than your own