As an account holder, you should always go through your bank statements when you receive them as they might contain wrongful transactions. The statement also includes a summary of all the transactions that took place in a month or a certain period that you choose. This statement typically starts with the opening balance from the previous month and ends with the closing balance of the current month. It is a standard procedure for banks to provide an overview of all the transactions that have transpired, referring to all the financial activities that their clients have done monthly then present this information in a document.
Sample bank statements enumerate the transactions from the date of your last transaction in your most recent statement to the completion of a specific period of time. Download even more EDITABLE & FREE Bank Statement Templates from What is a bank statement template?Ī bank statement helps account holders monitor their bank transactions and it’s sent by a bank to account holders regularly.
