Bankbook

So I have never seen a bankbook before so I got interested in what it looked like and really how and why it is used here is what I found. 


The clear definition of a bankbook is  a book held by depositors at certain banks, in which the bank enters a record of deposits, withdrawals, and earned interest. It is also called a passbook. Traditionally, a passbook is used for accounts with a low transaction volume, such as a savings account. The bank teller or postmaster writes, by hand, the date and amount of the transaction, the updated balance, and enter his or her initials. In the late 20th century, small dot matrix or inkjet printers were introduced to update the passbook at the account holder's convenience, either at an automated teller machine or a passbook printer, either in a self-serve mode, by post, or in a branch.


Here are some images:
http://www.bthc.org/images/bthc_bankbook_newtown_1.JPG
http://www.billgothard.com/images/bankbook.jpg

-Zanny