Now, with most banks having a digital presence, electronic statements are more commonly used.Į-statements are a convenient way to view your account activity without the messy paperwork, and your financial data is securely stored. Historically, bank statements were sent to customers via post, which sometimes incurred a small service fee. Each transaction will show the date it was processed and may also include some information about who the payment was to or from. Next, you’ll find the full list of transactions made within the statement’s timeframe-essentially all payments that came into your accounts, and all outgoing payments. At the top of the statement, you’ll usually find your account number, the bank branch provider, your full name and home address, as well as the beginning and ending period of the statement.
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