Bank Statments
Hi, does anyone know how long banks keep statments for. I can back 7 years online but some say they throw records away after that but some say they can go back as far as they want.
I did ask albus on another topic but he wasn't sure
Any idea?
Comments
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7 years if the account is still open. If it's closed then 5 years.
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Thanks poppy. Maybe i didn't make myself clear. What i mean was after the 7 years is the information destroyed so people like HMRC or DWP wouldn't be able to get it either or is it stored somewhere. Sorry to be a pain
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I have no idea sorry. If your savings/capital have never been over £6,000 then you have nothing to worry about.
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Hi Poppy. Thanks. Can you give me your opinion of this. Its long but does mention using a.i in dwp.
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I seen your other thread and I didn't respond because I don't have the brain power to read through all of that, I'm sorry.
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