The official bank statement issued by the bank on the request of the account holder is generally signed and approved by the person in authority. These statements are great way to help an account holder to keep track of his money and recognize spending habits. It shows all deposits made into the account and all payments made out including any debt payments.
It is very important for you to check your bank statement regularly if you have a high number of transactions. Generally bank statements are sent out in the post or assessed online. A bank statement reveals the detailed information of somebody’s credit account in a local or an overseas bank.