what is the bank statement ?

Question

from a bank statement for how long backdo we know our balance or any stuff .i mean about one month or 2 month..sorry mine english is not good .

Answer 1

the statements usually go back about 1 month. For some products, your statement might go back even further - like for CD's that do not give monthly statements.

For loans, you usually receive monthly statements, unless it's for a line of credit and you did not have any activity. In this case, you do not get a statement until there is a transaction on the account.

The balances are on the statements, no matter whether it's a deposit account or a loan.

Answer 2

Usually a bank statement will have the previous months balance, a listing of all transactions in dates order, all bank charges, and the current months ending balance. To obtain account records for 2 years to apply for a mortgage for example, you would need to contact the bank that issues the statement.