Did you withdraw money from the passbook account?

Doesn't mean the money has been taken.

First, the concept of passbook cancellation

The cancellation of passbook account refers to the process that bank customers apply to the bank for cancellation of passbook account for various reasons, such as no longer using the account, zero account balance or need to transfer money. After the account is closed, the passbook account will be closed, and transactions such as deposit and withdrawal cannot be made.

Second, the difference between withdrawing money and canceling the account

Withdrawal is the act of withdrawing cash from the passbook account, and account cancellation is the cancellation of the passbook account as a whole. Withdrawing money is just a way to change the funds in the account, while closing the account is to end the use of the account. Even if the balance of the passbook account is zero, customers can still choose not to close the account and keep the account for future use.

Third, the passbook account cancellation process

1. The customer applies to the bank for account cancellation, and provides relevant identification documents and passbook.

2. The bank reviews customer information and account status to confirm whether the conditions for account cancellation are met.

3. If qualified, the bank will go through the formalities of account cancellation, including account cancellation and passbook recovery.

4. The bank will inform the customer of the result of account cancellation and inform relevant follow-up matters.

Four. Matters needing attention after passbook cancellation

1. After the account is closed, the passbook can no longer be used for transactions such as deposit and withdrawal.

2. The customer shall properly keep the account cancellation certificate for future inquiry or handling related matters.

3. If there is any unprocessed business or debt in the account, the customer should handle it before closing the account.

To sum up:

Closing an account and withdrawing money are two different concepts. The cancellation of passbook account refers to the cancellation of passbook account, and withdrawal is to withdraw cash from passbook account. When customers close their accounts, they need to know the procedures and precautions for closing their accounts to ensure correct operation. At the same time, customers should also be clear about their own needs and choose whether to close or stay.

Legal basis:

People's Republic of China (PRC) Commercial Bank Law

Article 29 provides that:

Commercial banks should follow the principles of voluntary deposit, freedom of withdrawal, interest-bearing deposit and confidentiality for depositors when handling personal savings deposit business. Commercial banks have the right to refuse any unit or individual to inquire, freeze or deduct personal savings deposits, except as otherwise provided by law.

Contract law of the people's Republic of China

Article 9 1 stipulates that:

In any of the following circumstances, the rights and obligations of the contract shall be terminated:

(a) The debt has been performed in accordance with the contract;

(2) Termination of the contract;

(3) The debts offset each other;

(4) The debtor shall deposit the subject matter according to law.

(5) Exempting creditors from their debts;

(6) Creditor's rights and debts are owned by one person;

(seven) other circumstances stipulated by law or agreed by the parties to terminate.

Please note that the specific laws, regulations and bank regulations may be different due to the differences in time and region. Therefore, when handling passbook cancellation and other related businesses, customers are advised to consult local banks or professional lawyers in detail to ensure operational compliance and protect their own rights and interests.