What is the difference between Statement Balance and Current Balance? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the difference between Statement Balance and Current Balance?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

The first statement represents the current period's balance, and the second often reflects subsequent transactions.

Key points

  • Refer to the statement's issue date and the payment amount.

  • The exact labeling may vary by bank.

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