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Why is it important to review your bank statement each month?

asked
User Esta
by
8.2k points

1 Answer

1 vote

Answer:

Detect fraud

Understand your spending habits

Avoid unnecessary fees

Identify banking errors

Monitor automatic payments

Keep accurate financial records

Confirm credit card repayments

Verify that deposits are posted to your account correctly

Spot duplicate payments

Check notices of interest rate and fee changes

Step-by-step explanation:

answered
User Kouame
by
7.8k points

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