So recently a person I know needed to get bank record statements for the past few years as a way to analyze his financial history and where money has been moved around. The thing is the bank charges about $5 per monthly statement. Basically, to get just a year’s worth of statement you are looking at about $60. Imagine needing to get them for multiple years.
At first I thought maybe the online option would be cheaper, but interestingly enough there wasn’t an option for it. Therefore, you had to get it through a traditional paper method. Kind of makes you wonder why it is that expensive as it should be just mostly open up a specific account and hit print right?
I was just looking at the banks public financial information too and how they made so much revenue the year before. I was just think “No wonderâ€. Guess if you are opening a new account it’s good to see which bank is more with the times.