Bank Statement

A bank statement or account statement is a summary of financial transactions which have occurred over a given period of time on a bank account held by a person or business with a financial institution.

Bank statements are typically printed on one or several pieces of paper and either mailed directly to the account holder's address, or kept at the financial institution's local branch for pick-up. Certain ATMs offer the possibility to print, at any time, a condensed version of a bank statement. In recent years there has been a shift towards paperless, electronic statements.

Read more about Bank Statement:  Paper Statements, Electronic Statements

Famous quotes containing the words bank and/or statement:

    on a May morwening upon Malverne hilles
    Me befel a ferly, of fairye me thoughte;
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    William Langland (1330–1400)

    The new statement will comprise the skepticisms, as well as the faiths of society, and out of unbeliefs a creed shall be formed. For, skepticisms are not gratuitous or lawless, but are limitations of the affirmative statement, and the new philosophy must take them in, and make affirmations outside of them, just as much as must include the oldest beliefs.
    Ralph Waldo Emerson (1803–1882)