BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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yearly
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weekly
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quarterly
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monthly
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Detailed explanation-1: -Most banks or credit unions will send a statement every month. However, banks and credit unions only have to send a monthly statement if you made at least one electronic fund transfer that month.
Detailed explanation-2: -Most banks provide statements every month, although some do it every quarter. Depending on your bank, you can access your statement online, in-app, or through the mail.
Detailed explanation-3: -Paper statements will be mailed 7 to 10 business days after you submit your request. Note: A fee may apply for ordering paper statement copies by U.S. mail. Refer to the Personal Schedule of Fees to learn which fees may apply for your account.
Detailed explanation-4: -A bank statement is a document from the bank that covers a specific time period, usually a month, that shows all the activity on your account for a time period. The activity shown on your bank statement includes information such as processed deductions and deposits, your average daily balance, and any interest earned.