Passbook account definition
Passbook account means an account under which debits and credits are posted by the bank recording them in a passbook originally given by the bank to the customer and presented to the bank for such recording by the customer.
Passbook account means an account which is evidenced by a
Passbook account means an account which is evidenced by a passbook, certificate of deposit or similar document.
Examples of Passbook account in a sentence
You will not receive a periodic statement noting these transactions on your Passbook account.
If the only type of electronic fund transactions are preauthorized deposits you will not receive a statement for your Passbook account.
All Final Accounts Receivable (as defined in Section 5.24) not collected by Buyer within the 180-day period following the Closing Date shall be reassigned by Buyer to Seller in return for Seller's payment to Buyer of the face amount of such Final Accounts Receivable.
The Client is exempted from service fees for single purchases made over the counter and online banking after opening a Gold Passbook account with Bank SinoPac.
When a Client opens a Gold Passbook account, these provisions shall apply in priority.