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What is bank statement?


Asked By: Saloni Kalla



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B. Tech from Delhi Technological University Electrical San Francisco United States


A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. For example, a typical bank statement may show your deposits and withdrawals for a certain month. A bank statement or account statement is a document issued by a bank describing the activities in a depositor's savings account or current. A bank statement is a list of all transactions for a bank account over a set period, usually monthly. A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a. You make money transactions every day, but do you know what goes in and out of your bank.

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