It's slightly vague over whether these are still traditional passbook accounts. Or if the passbook is now a symbolic token to make people comfortable.
> A Lloyds Banking Group spokesperson said it started talking to customers last year to help them get familiar with how accounts operate without passbooks ...
> Virgin Money told us it was in the process of removing passbook accounts from its range ... affected customers can typically keep the account they have and operate it as a statement-based account instead of using a physical passbook.
I’m genuinely amazed these are even still a thing at all!
I remember them from the 1980s in the UK!