Paper bank statement

Desperate4change

Hi everyone I am on a new journey, bit behind with the times and do not have online banking, bit desperate for the bank statement to arrive so can do some budgeting. How long do they roughly take from issue date (this months being Thursday last week) thank you

Flobberchops

That'll be partly down to the whims of the postal service, whether it's sent first or second class, and of course an additional day for Sunday.

I'd strongly encourage you to get online banking, or possibly better yet mobile banking if your bank provides it. The idea of only getting access to your balance and statement once a month or making a trip to your local branch specially to get one printed is a bit quaint in the 21st century. There's absolutely no reason this information shouldn't be at your fingertips 24/7.

Bloomberg

Flobberchops wrote: »

That'll be partly down to the whims of the postal service, whether it's sent first or second class, and of course an additional day for Sunday.

I'd strongly encourage you to get online banking, or possibly better yet mobile banking if your bank provides it. The idea of only getting access to your balance and statement once a month or making a trip to your local branch specially to get one printed is a bit quaint in the 21st century. There's absolutely no reason this information shouldn't be at your fingertips 24/7.

I could not agree with you more. Without mobile or at least on line banking it is far more difficult to know where you stand financially at any given point in the month. I think that on line and mobile banking actually afford you protection. If your card is cloned or there is another sort of unauthorised activity on your account then you're likely to notice sooner. Paper statements if in the wrong hands give away so much personal information. It only takes the postman to make a mistake and then your privacy and security are compromised.



If you follow the basic security rules then on line banking is extremely safe. Get with it.

EarthBoy

Desperate4change wrote: »

.. bit behind with the times and do not have online banking, ..

You're very behind the times, not just a bit behind.

Personally, I don't know how I'd manage without online banking.

System

Can you not get a mini-statement from one your own bank's ATMs?
It will also usually work with related banks e.g. NatWest and RBS.

DrSyn

You could try the old fashioned way that has worked well, for years before online banking was around. Useful if you cannot use OLB or do not trust it.

True it may not be as quick as OLB but I found it remarkably accurate between bank statements.


1. Use telephone banking at the start of your banking period to set up standing orders, direct debits and check your starting balance. Also it allows you to check your balance at any time between statements.

2. Have a cash float in your pocket (size up to you), to cover small buys and in shops where the debit card cannot be used as the machine is broken (it does happen).

3. Use a debit card (or a credit card if you wish).

4. Make sure you keep all receipts from cash machines and your debit card(and credit cards if you use one).

5. Keep a record of the amount and date, Gas, Elect etc bills are to be paid.


6. Use a small notebook to keep your balance up to date.

7. From your starting balance subtract the amount of money you have withdrawn from the cash machine, or spent on your debit card, or paid on your utility bills as they occur.