What is Mini Statement?

Hi, A mini statement is a simplified bank document or message that gives the account holder a quick view of their recent transactions, usually the last 5 to 10 debits and credits without going through a full bank statement. A mini statement shows recent transaction activity in your savings or current account: for example, the most recent withdrawals, deposits, purchases, etc. Now that you know what is mini statement, I’d like to share a few things around it.

What is Bank Mini Statement?

It is essentially a short‐form version of a full bank statement, and it helps you to keep track of your latest account balance and recent spending or incoming funds, without needing to go over a whole month’s worth of transactions. Let us know how to get it:

1. Banks often provide a special phone number. You give a missed call from your registered mobile, and later receive an SMS with your mini statement.

2. Send an SMS in a specified format to a number provided by your bank (must be from your registered mobile), then receive a mini statement via SMS.

3. Through your bank’s app, log in and view the mini statement option.

4. Use your debit / ATM card, enter PIN, select “Mini Statement” to view recent transaction summary.

5. Log into your bank’s website; there’s usually an option to view recent transactions or mini statement.

It’s quick and convenient; no need to visit a branch or wait for the monthly bank statement. It helps monitor account balance and recent activity, helping detect unauthorised transactions early. It is accessible 24×7 via digital channels (mobile banking, net banking, SMS) and via ATM.

A bank statement covers a defined period (e.g. one month or a year) and includes all transactions. A mini statement only shows recent transactions. Bank statements may be chargeable if obtained via branch or printed; mini statements are typically free.

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I usually withdraw my bank mini statements to track my spending and budgeting. Bank mini statements are a great way to keep track of your account activity.

A bank mini statement provides an overview of the transactions in your account over a given time frame. Usually, it contains the following details:

• The transaction's date

• How the transaction was made

• The transaction's amount

• Your account's balance both before and after the transaction

• Bank mini statements can be helpful for tracking your spending and budgeting. Additionally, they can be used to identify fraudulent transactions.

You can often check into your online banking account or contact your bank to obtain a bank mini statement. A bank mini statement could also be available at an ATM.

To get a bank mini statement, you can log into your online banking account or call your bank. You can also be able to get a Bank mini statement through an ATM.

Regularly reviewing your Bank mini statements can help you stay informed about your financial position and ensure the accuracy of your banking records.

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