How to Read Your Bank Statement

How to Read Your Bank Statement Photo by Beatriz Pérez Moya on Unsplash

Checking your bank statement each month helps you catch mistakes and suspicious transactions.

What you’ll see

  • Opening and closing balance
  • Deposits and credits
  • Withdrawals and debits
  • Fees and charges

What to check

  • Payments you don’t recognise
  • Duplicate charges
  • Unexpected fees
  • Subscriptions you forgot about

Report problems quickly

Contact your bank immediately about anything suspicious.

This article is general information, not personal financial advice. Consider speaking with a qualified professional about your situation.

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