He says: ‘The account does not appear on the report for 2004, indicating it had been closed in the previous tax year.’ ‘Although passbook accounts go back many years and are dying out, many are finding old books with balances showing.
m Passbook is a new feature in the HDFC Bank Mobile Banking App.
Ensure you have the updated version of HDFC Bank Mobile Banking App installed on your phone.
Open the App, in pre-login section you will see a new link to m Passbook.
Earlier this year, his daughter Lynnette, 60, unearthed the book and he took it into the Santander branch in Tunbridge Wells, Kent.
Staff couldn’t find any records — and say they have written it off.
Almost three times as many people are opening these accounts, which pay 2.25pc, than any other Yorkshire Account, the mutual said, proving that the old-fashioned passbook is still popular in today's world.
Research by Yorkshire Building Society found more than three in five customers preferred the traditional branch network as their main method of managing their savings, most frequently citing customer service and convenience as the reasons for this choice.
Before that, all banking transactions were recorded only by the bank itself, so that customers had no history of their own deposits and withdrawals.
It was the fruit of careful savings he and his wife built up in an Abbey National Instant Saver account since the Eighties.
The passbook was forgotten about, and after the death of his wife Patricia in 2002, it slipped further from Mr Smith’s mind.
m Passbook is currently available for Android and i OS users only.
Step 1: Download HDFC Mobile banking App from the Google Playstore Step 2: Tap on m Passbook in the pre login section Step 3: Register using Customer ID Password or Debit Card PIN Step 4: Set m Passbook Pattern or PIN Lock The m Passbook feature has been created keeping customer convenience in mind.