A bank statement is a document that summarizes credit, debit and other financial transactions over a given period of time. Most statements are sent out monthly, although some banks may issue statements more or less often. Bank statements typically include the account holder’s name, address and account number, as well as a list of all transactions made during the period in question. Some statements also include editable regions where the account holder can enter additional information, such asnotes or reminders. In general, bank statements provide valuable information that can be used to track spending habits, spot fraudulent activity and monitor one’s overall financial health.
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