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It's slightly vague over whether these are still traditional passbook accounts. Or if the passbook is now a symbolic token to make people comfortable.
by gandalfian 3y ago
It's slightly vague over whether these are still traditional passbook accounts. Or if the passbook is now a symbolic token to make people comfortable.
- junar 3y agoIt sounds like it's talking about accounts using physical passbooks. > A Lloyds Banking Group spokesperson said it started talking to customers last year to help them get familiar with how accounts operate without passbooks ... > Virgin Money told us it was in the process of removing passbook accounts from its range ... affected customers can typically keep the account they have and operate it as a statement-based account instead of using a physical passbook.
- firecall 3y agoI’m thinking they mean physical Passbooks. With pages that show hand written transactions and current balance. I’m genuinely amazed these are even still a thing at all! I remember them from the 1980s in the UK!