bank statement

'bank statement' can also refer to...


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  • Financial Institutions and Services
  • Accounting


Quick Reference

A regular record, issued by a bank or building society, showing the credit and debit entries in a customer’s account, together with the current balance. The frequency of issue will vary with the customer’s needs and the volume of transactions going through the account. Cash dispensers enable customers to ask for a statement whenever one is required.

Subjects: Financial Institutions and Services — Accounting.

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