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A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered by the statement, and may contain other relevant information for the…
Paper statements, Electronic statements & Laws by country
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statements statement financial account bank may electronic institutions period customer paper also produced institution's transaction banking customers website information transactions
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Bank statement | is a | official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution | 0.90 | text |
| account aggregation | instance of | through open banking to provide services | 0.80 | text |
| the canceled cheques | instance of | bank statements may also include certain features | 0.80 | text |
| changes in fees or interest rates or to include promotional material.Financial institutions are required to produce paper statements to customers unless the customer requests either electronic statements or no statements at all | instance of | an accountant or guardian.Some financial institutions use the occasion of posting bank statements to include notices | 0.80 | text |
| Japan never had a tradition of mailing statements | instance of | some financial institutions charge a fee for paper statements.Some countries | 0.80 | text |
| with individual account holders being expected to keep track of deposits | instance of | some financial institutions charge a fee for paper statements.Some countries | 0.80 | text |
| withdrawals | instance of | some financial institutions charge a fee for paper statements.Some countries | 0.80 | text |
| and balances using their own passbooks at ATMs | instance of | some financial institutions charge a fee for paper statements.Some countries | 0.80 | text |
| shredding | instance of | an electronic statement may not be seen as a dangerous alternative against physical theft as it does not contain tangible personal information and does not require extra safety… | 0.80 | text |
| lending | instance of | Other usesBank statements may be reviewed for authenticity in contexts | 0.80 | text |
| auditing | instance of | Other usesBank statements may be reviewed for authenticity in contexts | 0.80 | text |
| and financial verification | instance of | Other usesBank statements may be reviewed for authenticity in contexts | 0.80 | text |
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