A bank statement is a document that provides a summary of your financial transactions for a specific period of time. It shows deposits, withdrawals, and other account activity, and it can be used to track your spending and manage your finances. Checking your bank statement regularly is important for several reasons. First, it helps you to identify any unauthorized or fraudulent transactions. Second, it allows you to track your spending patterns and identify areas where you may be able to cut back. Third, it can help you to stay on top of your financial obligations and avoid overdraft fees.
There are several different ways to check your bank statement. You can visit your bank’s website or mobile app, or you can request a paper statement by mail. If you choose to view your statement online, you will typically need to log in to your account using your username and password. Once you are logged in, you will be able to view your statement for the current month and previous months. If you request a paper statement by mail, it will typically arrive within a few days.