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Yes. It is mandatory. The bank is supposed to send a periodic statement to its customer to ensure that the customer can keep track of what is happening in their bank account. However, if it is a passbook account, an account where the bank issues a passbook for the account, sending statements is not mandatory because the customer already has a book that contains those details.
What else can I help you with?
How can you find your checking account number without a check?
You can find your checking account number by logging into your online banking account, contacting your bank's customer service, or checking your bank statement.
Which is a monthly summary of all your checking account transactions?
Bank statement
What does a checking account statement look very similar to?
A blank check
What is the purpose of a statement of account?
The purpose of a checking account statement, or any type of account statement for that matter, is to keep track of your account and make sure that no fraudulent activity is happening without your knowledge. Better to be safe than sorry!
What is the purpose of statement of account?
The purpose of a checking account statement, or any type of account statement for that matter, is to keep track of your account and make sure that no fraudulent activity is happening without your knowledge. Better to be safe than sorry!
What information is included on a checking account statement?
The Balance, SOME info used to set up the account, and your banker
What does it mean to reconcile your checking account?
It means to make sure the numbers the bank statement has matches what you have.
How do you legally obtaining a copy of a checking account statement?
go to your bank and request a copy. if it is not your account you will need a justified cause and a court order.
Is it a US checking account or an US checking account?
A US checking Account
Is it mandatory to have a saving account in sbi before opening a ppf account in sbi?
No its not mandatory
Need my checking account number and pin?
Your acct no is on your checks or statement, you have to go in person for a new pin if you lost that.
Is it illegal to remove your spouse from joint checking account?
No. it is not mandatory to have a joint account with your spouse. If you feel, you no longer wish to have your spouse in your joint account, you can let them know and then contact the bank to remove their name from the accounts joint holders list.
