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LSDefine

Simple English definitions for legal terms

bank statement

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A quick definition of bank statement:

A bank statement is a report that a bank sends to its customers every month. It tells the customer about all the money that has gone in and out of their bank account. This includes things like deposits, checks that have been cashed, and any fees that the bank has charged. It also shows the customer how much money they have left in their account. It's like a report card for your bank account!

A more thorough explanation:

A bank statement is a report that a bank issues to its customers periodically, usually monthly. It provides information on the customer's account, including:

  • Checks drawn and cleared
  • Deposits made
  • Charges debited
  • Account balance

For example, if you have a checking account with a bank, you will receive a bank statement every month that shows all the transactions that have occurred in your account during that month. This includes checks you have written, deposits you have made, and any fees or charges that have been deducted from your account.

Bank statements are important because they help you keep track of your account balance and ensure that there are no unauthorized transactions on your account. They also provide a record of your financial activity, which can be useful for budgeting and tax purposes.

Bank Secrecy Act | bank-statement rule

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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