B
Banking
Bank Statement
An official document from your bank showing all transactions — deposits, withdrawals, debit orders, and fees — over a specific period, usually one to three months. Lenders require bank statements as part of a loan application to verify your income, spending habits, and existing financial commitments.
Usage Examples
"The lender asked for three months of bank statements to verify her salary deposits and monthly expenses."
"Your bank statement reveals your spending patterns — lenders look for gambling transactions, excessive BNPL, and returned debit orders."
"Most banks let you download stamped PDF bank statements directly from internet banking at no cost."