Bank statement

Cards (6)

  • Contents of a bank statement
    • Opening balance
    • Payments made out of your account
    • Payments into your account
    • Bank fees
    • Interest
    • Closing balance
  • A bank statement is a record of your transactions each month
  • A bank statement will show your opening balance, payments made out of your account, payments into your account, bank fees, interest, and closing balance
  • An overdraft occurs when a customer spends more than they have in their account.
  • A deposit is when a customer puts money into their account at the bank.
  • A withdrawal is when a customer takes money from their account at the bank.