![]() Typically, disputes are done in writing, so be sure to provide any supporting documentation you have. You usually have 60 days from the statement date to dispute any mistakes or errors. ![]() If you find any inaccuracies on your statement, you should report them to your financial institution. For instance, your statement might run from September 6 to October 5. How to report errors or fraudulent activityįor each item, you’ll also see a transaction date and the payer or payee name.Įach statement covers a certain period, such as a financial quarter or one month, but it might not begin on the first day of the month.Here’s what’s generally on a bank statement: If you have a checking and savings account at one bank, you may see both in the same report. What’s included in a bank statement varies based on your financial institution. You may also need to submit a bank statement when you apply for a loan or mortgage.īy reviewing your bank statements, you’re working toward better financial health and taking control of your finances - putting you closer to reaching your financial goals. Bank statements allow you to check for errors, watch for suspicious activity, and track your spending. For example, a typical bank statement may show your deposits and withdrawals for a certain month. A bank statement is a summary of financial transactions that occurred at a certain institution during a specific time period.
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