You should receive it once a month.
If you would like to receive your bank statements in the mail, you should contact your bank or access your account online to make that change.
You should balance your checkbook whenever you receive your monthly bank statement. It's usually on or around the same date each month. However, you can also track your bank balance against your checkbook balance much more often using online banking or other automated sources (ATM, bank by phone, etc).
Call your bank if you disagree with the information on the statement. Otherwise shred it up in a paper shredder (or do what I do and give it to your dog to shred!)
You should compare your statement from your bank with your expenses and deposits to make sure they are correct. You can use your bank statement to balance your checkbook. Then you should file it with your other monthly bank statements.
The answer to this question depends on whether or not you signed up for e-mail notifications with your bank. If you have, you should receive an e-mail statement. If not, you will need to sign up for one.
Get StartedThis letter provides notice to the bank that there is unauthorized activity on your account and that you should not be held responsible for those charges. Generally, you must report possible errors within 60 days after the closing date on the bank statement. There may be other important information in the "fine print" on your statement that explains procedures that you should follow.When you receive a monthly bank statement you should carefully review it for possible errors or fraudulent activity. If there are deductions from your account that were not authorized, then you should dispute them by sending this letter to the bank.
Monthly
As soon as possible after receiving a bank statement.
When you did not receive money from an ATM machine or forgot to remove it from the machine after a transaction, you will usually receive that money back with a "CPT corr" name in your back statement.
Reconciliation process is called "bank reconciliation statement" under which both company accounts balance of cash and bank is reconciled with balance of bank account provided by bank statement. The process is that first of all one statement is treated as base statement, it may be bank statement or books bank account but it is normally bank statement and after that the second statement balance is reconciled for any unrecorded transactions or any cheques issued but not presented in bank and after the reconciliation is completed both book's bank account as well as bank statement balance should be tally otherwise any discrepancies should be investigated and resolved.
YOu should keep bank statement for 7 years, in case you get audited
If its in statement as Bank Identifier Code (BIC) than it should be