MSME Blog

bank statements

A bank statement or account statement is a summary of financial transactions which have occurred over a given period on a bank account held by a person or business with a financial institution. Bank statements are typically printed on one or several pieces of paper and either mailed directly to the account holder’s address, or kept at the financial institution’s local branch for pick-up. Certain ATMs offer the possibility to print, at any time, a condensed version of a bank statement. In recent years there has been a shift towards paperless, electronic statements.

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