Bank Statement Definition
A bank statement records financial transactions in a bank account for a set period, usually monthly.
Bank Statement Extended Definition
A bank statement lists an account’s deposits, withdrawals, and bank charges.
Details on a bank statement can include all checks and debit card transactions and current bank balances. Parts of a bank statement include:
- Bank information
- Business information
- Account information
- Statement dates
- Account summary
- Transaction summary
- Bank messages
Bank statements are either mailed or posted electronically in your online bank account.
Last Updated By
Andrew Freiman | Feb 28, 2023