Bank statements

How to read a bank statement:

1. Bank account details and sort code
2. Balance at the beginning of statement period
3. Date of transaction
4. Type of transaction
5. Amount of transaction
6. Running balance after each transaction
7. Balance at the end of the statement period
8. This denotes a regular payment from your account by Direct Debit
9. This denotes a regular payment from your account to another account by Standing Order
10. This shows where you have taken money out at an ATM at an extra cost of £1.50
11. This shows where you have taken money out at an ATM at no extra cost