>> Thirty years ago you could walk into a Savings and Loan in the US

>> and open a passbook account.  They might have asked for a name but

>> that was just for convenience and it didn't matter.  No ID was

>> requested or needed.  Possession of the passbook was ownership of

>> the account; that was what mattered.  That the cash depositied came

>> from your hand established prima-face that it was yours.  

>

   Passbook? its kind of like a wallet no?  I guess if you want to use the convenience 
of the banking system or earn interest you have to do what they ask.

    Khurram

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