What is money in a checking account?

Question

Electronic accounting

Suppose - company X transfers from its current account to the current account of company Y. At the same time, suppose that they have different servicing banks.
Since this is a payment in a non-cash form ( that is, this money does not physically exist ), then what is this very non-cash in general? Are these some kind of crypto-tokens that are of some value?
Please explain. Thanks to.

Answer 1

a line in a checkered notebook, well, or an entry in a modern database.
for a chela - cash in the bank, for the bank - cash in the Central Bank. The Central Bank is cash <-> non-cash.
the puzzle came together.

Answer 2

Are these some kind of crypto-tokens that are of some value?

The value of the bank's assets. Which provide the work of non-cash.