![]() ![]() ![]() What can a bank statement be used for?Ī bank account statement is a powerful document, as it'll show exactly how much money you have. Some banks will group all deposits and withdrawals together, while others will list them in chronological order.Īny service charges or interest earned will show up on bank statements as well. There will often be instructions as to how you can report fraud or mistakes (such as double charges).įor each transaction, there might be the name of the person or organization the transaction came from or went to, and/or other details that can help you identify what the money was used for. You can also find here your account number, as well as your full name, home address, and the bank branch provider. Usually, the statement will show what your balance was at both the start and end of the period. ![]() What does a bank statement include□?īesides what we’ve mentioned above, a bank statement will also show you what your balance is at the end of each transaction, plus the date the transaction went through. However, it's not always from the 1st to the 30th/31st there might be some statements that go from the 13th to the 12th of the next month. This will include both incoming and outgoing transactions. Typically, a bank statement will show a month's worth of transactions. ![]()
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