Bank Statements from Cashpoints

AngelMell | 08:57 Thu 30th Sep 2010 | Personal Finance

6 Answers

I can no longer get bank statements from the cashpoint of my bank. They told me it was due to a change in legislation in that they have to include an extra letter of explanation with every statement.

I understand that Banks etc are all being extra careful in the current climate, but can anyone explain why the explanation has to come out with every single statement? Surely banks could just drop you a line a couple of times a year to remind you?

Thanks

Savings

Details of an old loan

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twix123

I just got a Ministatement from my ATM. No extra paperwork popped out of the machine!

AngelMell

Question Author

You can still get mini-statements which usually list the last 6 transactions. But you can't get full statements, with all the details, like cheque no's and company names on direct debits. My bank will now only post statements to me and it usually takes at least five days to arrive.