TRACKING TOOLS FOR BANK ACCOUNT

KEEPING TRACK

BY MOHD. SADIQ

PASSBOOKA passbook or bankbook is a paper book used to record bank transactions on a deposit account.

TRACKING BANK ACCOUNT USING PASSBOOK

Using Passbook you can track your account for following:

• How much you deposited the money on a particular day ?

• What was balance on a particular day ?• What is dividend / interest paid to you by

bank?• What is the total withdrawals ?• What are total deposits ?• What is final account balance ?

SAMPLE PASSBOOK

ACCOUNT STATEMENTA BANK STATEMENT OR ACCOUNT STATEMENT IS A SUMMARY OF FINANCIAL TRANSACTIONS WHICH HAVE OCCURRED OVER A GIVEN PERIOD ON A BANK ACCOUNT HELD BY A PERSON OR BUSINESS WITH A FINANCIAL INSTITUTION.

TRACKING USING ACCOUNT STATEMENTUSING BANK STATEMENT YOU CAN TRACK YOUR ACCOUNT FOR FOLLOWING:

• WHICH DATE WHAT YOU SPEND ?

• WHERE YOU SPEND THE MONEY ?

• HOW MUCH YOU SPEND THE MONEY ?

• HOW MUCH YOU DEPOSITED THE MONEY ON A PARTICULAR DAY ?

• WHAT IS DIVIDEND / INTEREST PAID TO YOU BY BANK?

• WHAT WAS BALANCE ON A PARTICULAR DAY ?

• WHAT IS THE TOTAL WITHDRAWALS ?

• WHAT ARE TOTAL DEPOSITS ?

• WHAT IS FINAL ACCOUNT BALANCE ?

SAMPLE ACCOUNT STATEMENT

LATEST DEVELOPMENT IN TRACKING : E-STATEMENTS

• Online tracking is latest development and is best so far.• This helps to receive an e-mail notification from Bank the day your statement is available. • You can access your last account statements and check by logging on to Online Banking. • View your statements 24-hours a day from anywhere with internet access. • Download and save your statements to various formats to view whenever it is convenient

for you.

END OF SLIDES