Few people in the post-Soviet space do not know what a Sberbank savings book is. A savings book is the most common banking product in the USSR, with the help of which one could collect and increase one’s non-cash savings.

Few people in the post-Soviet space do not know what a Sberbank savings book is. A savings book is the most common banking product in the USSR, with the help of which one could collect and increase one’s non-cash savings. This is a kind of prototype of a modern debit card on which you can deposit money, transfer salaries, pensions and other payments. A passbook is made from a strict reporting form with a number and watermarks. Separate columns of the savings book display all incoming and outgoing transactions, as well as the balance in the savings account. A deposit to a Sberbank savings book can be opened for yourself or another person.

Check Sberbank savings book

You can check your Sberbank savings book by visiting the bank's cash desks or via the Internet using the Sberbank Online service. In order to check the passbook at the branch, you need to have it with you and your passport or a document replacing it. Checking your savings book through the Sberbank Online service will require knowledge of your login and password. They can be obtained at a bank branch or printed from an ATM if, in addition to the savings book, you have a Sberbank plastic card. After logging into your personal account, you will see a list of your accounts, including your savings book account.

Interest on Sberbank savings book deposits

Rates on Sberbank savings book deposits vary depending on the term of the deposit, the possibilities of replenishing and withdrawing money from the account. Under the terms of a standard savings account, the client receives 1.5% to 2.3% on the deposit amount in rubles with the opportunity to deposit money into the account or receive it in hand at any time. Interest on such a deposit is accrued monthly on the amount of the minimum account balance during the month. Therefore, it is profitable to withdraw money from such an account at the beginning of the month, and to deposit it into the account at the end. The account term and minimum balance are not limited. For previously received savings books, the interest rate of the then-concluded agreement is retained until the end of its validity period.

Open a savings book at Sberbank

Today, opening a savings book at Sberbank is quite problematic. Despite the fact that the savings book has been a corporate attribute of Sberbank for more than a century, since 2010 the bank has excluded it from the list of its products and stopped offering it to clients. Instead of a savings book, clients are offered a plastic bank card. However, previously valid passbooks have not lost their validity, can be restored if lost and are serviced under the same conditions. If you come to a Sberbank branch and ask for a savings book, you will most likely be refused. However, you can write an application addressed to the manager with a corresponding request, which, with a high probability, can be granted.

How to restore a Sberbank savings book?

In case of loss or theft of a savings book, it is possible to make a duplicate of it. To restore your Sberbank savings book, you need to contact the territorial branch of the bank where the deposit was opened. You need to have a passport with you and, preferably, an agreement on opening a deposit (a copy of it). The bank will ask you to write an application addressed to the head of the department for the issuance of a duplicate passbook. The application must indicate the amount and type of deposit. If the client does not have this data, a bank employee can find it and tell him. There is a small fee for processing the application, around 100 rubles. After this, the client is issued a duplicate passbook.

Validity period of a Sberbank savings book

The validity period of a Sberbank savings book is the term of the deposit for which the savings book was issued. The deposit can be opened for a certain period of time (from 1 month) to unlimited, with the ability to replenish or withdraw money at any time without loss of interest. Therefore, despite the fact that today Sberbank almost no longer issues savings books, savings books issued earlier will be in use for a long time. The savings book form itself has no expiration date and ceases to be valid if the deposit is closed. Also, the form can be replaced if the free space for records runs out, it is stolen or lost.

Transferring money to a Sberbank savings book

The only option in the Soviet Union to accumulate and increase money in a bank was a savings book. Since deposits were opened for life, many people still have savings books today. You will learn how to check your account, replenish or withdraw money using a savings book left as an inheritance in this article.

Passbook as a security

A savings book is a banking document that certifies the agreement between the bank and the client, and also allows you to accumulate and increase funds. Moreover, you can either put money into a savings account or withdraw it without losing interest. The conditions for storing money in a savings book provide for the accrual of 1.5-2.3% on the deposit balance.

At the same time, the savings book itself is a security, each sheet of which is made using a special technology and has watermarks (a sample savings book was previously presented in each Sberbank branch). That is, a savings book is a strict reporting form that has the same protection against forgery as a passport.

All data in the savings book is entered by hand:

• name of the bank or branch;
• address of the banking structure;
• surname and initials of the depositor;
• deposit account number of 20 digits;
• any transactions made - crediting to the account, withdrawing part of the money or interest, transferring a certain amount to another deposit, as well as the exact amount of funds remaining in the account;
• date of expenditure transactions;
• term for the return of the deposit, if the agreement is not open-ended.

All entries in the savings book are certified by the signature of a bank employee, so it is very difficult to forge a document.

Savings book: types

• A personal savings book is a security that can only be used by the person in whose name it is issued. Such a savings book must include the surname, name and patronymic of the depositor, as well as his place of residence.
• Bearer savings book - the person who currently manages it can replenish an account or withdraw money from such a savings book.

To carry out any financial transactions, the client must present to the bank employee not only a passbook, but also a passport.

Sberbank savings book: how to get and use it

Opening a new savings book is now problematic. The trends are such that bank clients want:

• use universal products (for example, you can withdraw money from a plastic card at an ATM and pay with it at a terminal in a store);
• be serviced remotely (not all transactions with the savings book are available online).

Therefore, since 2010, the savings book is not included in the list of bank products. Those wishing to receive a book are asked to open a bank account with a debit or credit card linked to it. But Sberbank did not cancel savings books. If you need to use this service, you should write an application addressed to the manager of a specific bank branch. Most likely, your request will not be denied.

As for using a savings book at Sberbank of Russia, to carry out most financial transactions you need to visit a bank branch to present your savings book and passport. When changing your passport, you must ask the passport office to indicate the details of the previous document in order to avoid problems with withdrawing money from your savings book.

Old savings books: how to restore them

The savings book may be stolen or lost, but it can be restored by ordering a duplicate at the bank branch (where the deposit was opened). For this you will need:

• passport;
• application for restoration of the savings book addressed to the head of the bank branch;
• agreement on opening a deposit (it contains the savings book number).

If the owner of a lost passbook does not remember what deposit was opened and what amount was on the book, then a bank employee can find this data. Please note that processing an application to restore an old savings book is a paid service (about 100 rubles).

1. New savings books are now being issued extremely reluctantly, but there are still old savings books in circulation. Today, deposit accounts or even money can be credited to it via the Internet. To do this, you need to log into the Sberbank Online system. In your personal account, among the list of bank accounts opened for the client, a savings book account will also appear.
2. If a savings book remains after the death of one of your relatives, you must obtain a certificate of inheritance. This document is the basis for issuing the full amount of the bank deposit with interest.
3. A permanent deposit in a savings book can be replenished at the Sberbank cash desk or in Internet banking by issuing a money transfer. To transfer money you need to indicate:

• Name of the bank;
• the amount of funds credited;
• savings book account;
• last name and first name of the payment sender;
• bank identification code.

When making a savings book, in order to avoid counterfeiting, special technologies and a certain type of paper are used. A savings book is a strict reporting form. The savings book as a document appeared after the opening of savings banks in 1841. By order of Nicholas I, the savings banks of St. Petersburg and Moscow began to accept funds from the population for storage. The owner of the first savings book was in 1842 Nikolai Antonovich Cristofari, who served as a court adviser in St. Petersburg.

Registration of a savings book

The procedure for registering a savings book is simple: you need to go to a bank branch with your passport, sign an agreement and deposit at least ten rubles into your account.

The passbook data is indicated on the first page:

• series (indicated at the top and bottom) and document number;
• name and location of the branch that issued the savings book;
• Account number;
• type of deposit and currency in which accruals will occur;
• Full name of the depositor;
• signature of the employee of the financial institution issuing the deposit.

If you lose your passbook, you must contact the employees of the bank where it was issued.

Advantages and disadvantages of a savings book

Advantages of a savings book:

• Visibility. The passbook reflects all incoming and outgoing transactions, information about them is entered in accordance with the date of actual receipt or withdrawal.
• Safety. The savings book is issued to a specific person indicating his passport details, all information is stored in the bank. The use of a passbook by unauthorized persons is excluded, since cash can be withdrawn only upon presentation of a passport. In exceptional cases, a power of attorney to carry out operations on a deposit, certified by a notary, is used.

Disadvantages of a savings book:

• the need to fill out a document and certify each operation with a seal;
• inability to use a passbook when paying for services and goods;
• the need to visit the branch where the document was issued to carry out any operations

Procedure for closing a passbook

To close the savings book, the owner must come to the bank branch with an identification document. An employee of a financial institution will provide the client with a special form; after filling it out, the cash account will be closed and additional services will be disabled.

If a large sum is stored on the book (100,000 rubles or more), the owner should order money at the cash desk two days before the visit.

The procedure for closing a savings book is carried out quickly; difficulties may arise if there is a debt on the loan.

Banking institutions have long stopped making deposits using passbooks, instead using electronic accounts. One of the reasons for abandoning such an outdated banking product is the low opportunities for its owner.

A savings book is not covered by the deposit insurance law; all monetary transactions on it must be declared. In addition, if the bearer document is lost, anyone can use the funds, and this reduces the level of protection of the client’s savings.

Despite this, there remains a category of Russians, usually the older generation, who cannot give up this habitual way of storing money. Banking technologies do not stand still and more comfortable options for use are provided for such clients.
A deposit with a savings book is gradually becoming a thing of history, but many more clients still have what kind of banking product

The ability to check your savings book using your account number online at Sberbank allows you to control your balance and receive a statement of transactions.

For people who use this traditional method of storing their own funds, the same traditional and easiest way to check their balance is to visit a bank branch. The client's actions are as follows:

• with your passport and savings book, go to the branch where the account is opened;
• receive an electronic queue coupon through the terminal;
• present documents to the operator with a request to check the balance;
• The operator checks the compliance of all data and announces the account status.

Branch is the easiest way to find out the balance from a book

Here, at the bank, the client has the opportunity to carry out any operations: withdraw money or top up the balance. The transactions carried out will be indicated by a mark on the page of the savings book.

An easy way to check your balance online

There is the most comfortable way to check your balance - through Sberbank Online. This procedure has many advantages:

• remotely check your balance at any time;
• track completed transactions in payment history;
• without visiting a bank branch, pay for utilities and other services, state fees, fines, taxes, mobile communications, etc.;
• make money transfers.

Thus, the most convenient thing that a savings book allows you to do now is check your account online. But first of all, you need to connect to remote access to Internet banking. What is needed for this:

• visit a bank branch;
• write an application to attach a savings book to the Internet service, conclude a UDBO agreement;
• then the client is given an identifier (user login) and password to log into the system;
• A bank employee will explain how to log into your Personal Account and how to check your savings book account through Sberbank Online.

Online banking may be increasingly used by bank clients and passbook holders

An even simpler option is when the user has a bank card: he can independently carry out the procedure through an ATM. To do this, you will need to insert the card into the ATM, select the “Sberbank Online” section in the menu and then perform all the manipulations according to the instructions. The ATM will issue a receipt containing your login and several one-time passwords.

How to check your balance online

Having received the ID and password, already on your home computer, go to the bank’s website and authorize the system. It is advisable to immediately change the password to a new one and write it down separately. Then there will be no need to look for an ATM receipt with passwords every time. Upon logging in, the client will immediately see all of their accounts on the main page. Here you can view all monetary transactions. Using the Internet service is free.

There is another option to always be aware of the receipts in your savings book. To do this you need a map. How to do it:

• you need to contact the bank with your passport and book;
• select the “Cards” section in the electronic queue terminal;
• get a payment card;
• issue an order to transfer funds from the book to the card immediately after they are credited;
• You can connect SMS messages to the card, which will notify you about the arrival of money (pension, etc.).

To carry out the procedure, you will need to pay for the annual card service and SMS service.

Sberbank savings book: deposit or current account

Often, owners of savings books are confused about which account is opened for it - current or deposit. Let's look at the characteristics of each and their differences.

The current account is used for calculating salaries, pensions, making payments, receiving and sending transfers, and withdrawing cash. It is not suitable for saving or investing. Its essence is instant withdrawal of money at the first request of the owner of the book. Interest is not charged on the balance, and if it exists, it is minimal.

The essence of a deposit account is that it is opened to accumulate funds and receive additional income. Money is deposited at a certain percentage (according to the agreement), which cannot be withdrawn until the end of the agreement.

In practice, the main difference between the accounts is access to funds: the current account can carry out any operations at any time, but access to the deposit account is closed until the end of the term.

By registering in the online service, the client receives regular access to the status of his account

When passbook owners ask what kind of account they have, they simply do not understand the essence of this banking product. The book is tied to a current specific account and at the same time works like a bill or bearer security. This is not a personalized means of accessing client funds. Therefore, banks are gradually moving away from this method of storing money.

Conclusion

Many have long been accustomed to using bank cards and consider the savings book a relic of the past, but there is a category of Russians who still use it in their lives. Although this is an obsolete attribute, this does not mean that it cannot be used in a modern way. For such clients, it is very important to know how to check the balance of a Sberbank savings book via the Internet. For many holders, this method will seem much more complicated than the traditional option of visiting a bank. But after studying it, the client receives a comfortable tool for monitoring his balance and conducting monetary transactions. Now there is no need to contact the bank office: it is enough to have a computer or mobile device with Internet access at hand, and in a few minutes the client will see a complete analysis of the movement of funds.

In person: come to the office (branch) of Sberbank and make an oral statement about opening an account. Specify the type of deposit (for example, “Top up” deposit). The minimum contribution is 10 rubles.

The details of the Sberbank passbook (including the number and series of the passbook, the account number of the Sberbank passbook) are on the first page.

To transfer money to a savings book, you will need the BIC of the bank branch in which the account is opened. It is also indicated on the first page and includes 9 digits (the number of the internal structural unit).

Passbook details

The Sberbank savings book is opened for an indefinite period (unless otherwise provided by the agreement). If a Sberbank savings book is lost, it can be restored. At the branch where the book was issued, write an application (using the Sberbank form), and they will give you a duplicate (paid service - 100 rubles; for pensioners - 50 rubles).

If all the pages in the passbook are filled with entries, the bank creates a new book for free.

You can find out how much money is left in the Sberbank savings book using the last transaction entry. If the book has not been used for a long time, and significant interest has been accrued on it, then you will find out the exact amount by making a request at the bank office. You will be given an official document confirming the status of your account.

Another option is to get a plastic card and track your account in your personal account in the Sberbank-online Internet bank.

If a Sberbank client has a debt (for example, a traffic fine has not been paid), then collection can be applied to the client’s savings in the savings book. By order of the court, the bailiff will write off the amount of the fine and penalties from the client’s account. Sberbank can do the same if the client has a savings book and, for example, has incurred a debt to service a credit card.

If the client considers such actions to be unlawful, then he will have to challenge them in court. The seizure of the Sberbank savings book, which receives child benefits and similar payments, is unacceptable. As well as debiting money from such an account for penalties.

At what percentage should I deposit money for a book in Sberbank?

The interest on the deposit depends both on the type of deposit, the amount deposited in the account, and the investment period.

Types of deposits:

• by duration - urgent and unlimited, renewable;
• at rates - cumulative and universal;
• for the target group - pensioners, children, for calculating social benefits;
• by currency - ruble, dollar, etc.;
• special. For example - the electoral account of a candidate for deputy of government bodies;

The most profitable deposits in 2017 were “Replenish” and “Save” (up to 5% per annum). The contribution of Sberbank “Universal” stands out. The rate is only 0.01%. This deposit is not used for accumulation, but for non-cash payments (utility payments, taxes, etc.) and money transfers. Money can be withdrawn and deposited from it at any time during the period for which it is issued (5 years). The minimum deposit is 10 rubles, or €5, or $5, or an amount in other currencies equivalent to $5.

“Universal” is not the only Sberbank deposit with the ability to replenish and withdraw. “Pension plus of Sberbank of Russia” is intended for pensioners. Issued for 3 years, the rate is 3.5% per annum (taking into account the capitalization of interest - 3.67% per annum).

The younger generation did not go unnoticed by Sberbank. Parents (legal representatives) can open a “Top up” deposit in the name of a minor. Rate - from 3.7% per annum (deposit of 1000 rubles for 3 years) to 4.5% (2 million rubles for 6-12 months. Rates are indicated without capitalization of interest).

From the age of 14, the child independently withdraws interest on the deposit, and from the age of 18 receives full access to the funds in the savings book.

The deposit is replenished. You can deposit money through Sberbank Online or from a mobile application. Full withdrawal of money before the child reaches adulthood is permissible only with the permission of the guardianship authorities.

Will savings books be canceled at Sberbank?

Since 2012, when opening new accounts, Sberbank issues an Account Opening Agreement and a cash receipt order instead of a savings book. The reason is clear: passbooks are printed on special paper with a high degree of security. It is expensive and unprofitable for a commercial organization.

The design of passbooks has changed several times over their long history.

But cash in the hands of the population, savings books, are serviced as before. Sberbank is not going to cancel them. Millions of queues at the doors of branches to replace passbooks with cards or other banking products are of no use to bankers.

Moreover, if you are persistent, you can get a savings book today. Stanislav Kuznetsov, deputy chairman of Sberbank, assured the participants of the World Festival of Youth and Students in Sochi on October 17, 2017.