Bank Statments

FAFB
FAFB Online Community Member Posts: 22 Listener
in Employment & Support Allowance (ESA)

Hi, i hope you are all well. Just wondering if anyone knows how long banks keep records of transactions for an account that is still open. I've read that it should be 6-7 years but then also seen somewhere that they keep them forever.

Any help would be much appreciated

Comments

  • Jimm_Alumni
    Jimm_Alumni Scope alumni Posts: 5,713 Championing

    Hi @FAFB, they are legally obligated to keep them for 6 years, with most keeping them for around 7 years. However, they can certainly keep them for longer so there's no harm in asking!

  • FAFB
    FAFB Online Community Member Posts: 22 Listener

    Thanks Jimm. I knew it was 6-7 years after and account had closed but i didn't know it was 6 ish for one which is a current account that i still use. Thanks again

  • FAFB
    FAFB Online Community Member Posts: 22 Listener

    Hi Jimm. If its 6 years what would happen if ESA or UC asked information older than that? Thanks

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