BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How often do you receive a bank statement about your accounts?
A
once a year
B
once a month, it might be electronic
C
never, use your internet bank
D
once in every 6 months
Explanation: 

Detailed explanation-1: -An official bank statement is typically sent by the bank to the account holder every month, summarizing all the transactions of an account during the month.

Detailed explanation-2: -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-3: -A statement of account, or account statement, is issued by a vendor to a client. It lists out all the financial transactions between the two businesses within a specific time period (typically, monthly).

There is 1 question to complete.