1, the business process is different: the business process of bank passbook is relatively common, and both current deposit and fixed deposit can be applied. The business process of certificate of deposit is relatively simple, only the business process of applying for time deposit;

2. The convenience of the use of funds is different: the bankbook can store funds anytime and anywhere, can deposit funds without funds, and can be transferred out when necessary. As a deposit term, certificates of deposit can only be transferred out after the expiration of the deposit term. If you transfer out in advance, you have to pay the service fee and the interest is much less.

3, the account list is different: the bank passbook has the function of accounting, and a bank passbook can record hundreds of transactions, which is more convenient to find. As for certificates of deposit, its business process is relatively simple, and only one account is kept, that is, the number of deposit periods.

Basic meaning of passbook

1. According to historical records, the earliest credit institution in the history of China was the "quality bank" in the Southern and Northern Dynasties (similar to the pawn industry). By the middle of the Tang Dynasty, there were "counters" and so on. Vouchers have mutually agreed physical objects, that is, specific things, and many of them use "stickers", "books", "vouchers" and "vouchers".

The rudiment of money houses originated in the middle of Ming Dynasty. It is a private credit institution with the development of commodity economy. At that time, it was called "Si Qian", "Money Desk" or "Money Shop". At first, it was just about changing money, and then it gradually developed into a deposit business, with a more formal passbook. With the development of coastal trade, by the end of Ming Dynasty and the beginning of Qing Dynasty, private banks had formed a currency exchange market, which was called "money market". By the middle of Qing Dynasty, money houses had become a considerable industry.

The bankbook is as big as our common bus promissory note. An exquisite plug-in envelope, made of cardboard, and decorated with various colors of cloth outside the sleeve. Some covers are gilded. After the passbook is unfolded, you can see in the upper right corner each stamp delivered and pasted by the issuer, as well as the date of deposit and withdrawal vertically arranged from right to left and the amount recorded in neat and beautiful brush font. This is a traditional writing tool and a conventional writing form in China. From the perspective of opening, the neat and symmetrical folding form naturally makes people feel it, so it is called "passbook".

With the financial marketization, passbook has become as popular as RMB. However, what is the earliest "passbook" and why can it be used as a credit certificate? According to historical records, the earliest credit institution in the history of China was the "quality bank" (similar to pawnbroking) in the Southern and Northern Dynasties, and in the middle of the Tang Dynasty, the "counter shop" appeared.

If we want to trace back to another meaning of "passbook", that is, the origin of passbook, it should be said that the invention of papermaking made our ancestors give up the method of engraving on bamboo slips and accept the convenience of using paper while retaining their reading habits.