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.

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