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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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Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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