bank statement


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Account Statement

1. In banking, a statement detailing all credits and debits to an account over a given period of time. It is also called a bank statement.

2. In investing, a statement detailing all long positions and short positions that an investor currently holds.

bank statement

a periodic record of an individual's or business's transactions with a BANK (or BUILDING SOCIETY) which itemizes on the one hand cash deposits and cheques paid in, and on the other hand cash withdrawals and cheques drawn and presented against the account.

A company's bank statement needs to be reconciled periodically against the firm's own CASH ACCOUNT to verify the accuracy of its cash account. See BANK RECONCILIATION.

bank statement

a periodic record of an individual's or business's transactions with a BANK (or BUILDING SOCIETY) which itemizes, on the one hand, cash deposits and cheques paid in, and, on the other hand, cash withdrawals and cheques drawn and presented against the account.
References in periodicals archive ?
Manually looking through a paper bank statement with hundreds or thousands of items is time consuming and often inaccurate
Examples include consolidated bank statements, credit card solicitations, insurance documents, airline frequent flyer statements, and personalized business correspondence.
He later learnt from the bank's manager that the salary certificate and the bank statement of account submitted by the accused were forged.
At least three months' bank statement is required for those who want to renew their family's visas and at least one month's salary statement or a bank letter confirming the salary transfer for those who are new to the country and want to sponsor their families.
Londoners appear to suffer least from bank statement phobia with only one in four putting off checking their statements.
Santander customer Neil Stockley, of Wavertree, said he was "horrified" when he opened his bank statement and realised he had been sent another customer's details, and to be told his details had likewise been sent to the wrong customer.
DESPICABLE His bank statement revealing crime spree; DEVASTATED Bill back at his home yesterday after theft
She loves having the power to check her account balance at her fingertips and having the ability to identify and report fraudulent charges to her financial institution before her monthly bank statement arrives in the mail.
The general format of the bank statement has not actually changed in over 300 years,' he said.
The salesman later learnt from the bank's manager that the salary certificate and the bank statement of account submitted by the accused were forged.
If a top financial consultant [Sachin Menon at KPMG] did not write an article about this move and media did not highlight it, an NRI would know about it only when he or she receives the bank statement, he said.
But the reason that most - 57% - gave was to secure their financial future: one in 10 had cited uncertainty about their job, while 7% were spurred by the sight of their bank statement.