types of bank statements

types of bank statements There are different types of bank statements that may be provided by a financial institution depending on the account type and specific needs of the account holder. Here are some of the most common types of bank statements: Personal bank statement: This is the most common type of bank statement that an individual would receive for their personal checking or savings account. It provides a summary of all transactions made on the account over a specific period of time, typically one month. Business bank statement: This type of statement is provided for a business account, including checking and savings accounts. It provides a summary of all transactions made on the account, including deposits, withdrawals, and transfers. Electronic bank statement: This type of statement is delivered electronically, typically via email or an online banking portal. It provides the same information as a paper statement, but may include additional details such as images of cle...