Millions of households urged to check bank statements on this date
UK households have been told the dates they should be checking their bank statements. These days, with contactless payments and banking apps, it can be common to go days or even longer without checking your account.
But security experts say regular checks are crucial in the event of fraud. They say people should carry out detailed checks of their statements at least once a week - so every seven days.
This includes going through payments to make sure they are recognised and there is nothing unexpected or suspicious. The warnings have been issued due to the importance of catching fraud quickly and taking action by contacting your bank.
READ MORE: People who claim these DWP benefits warned payments will stop before Christmas
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It comes as scams are likely to ramp up even further in the run-up to Christmas. Experts at ConvertBankStatement said: "If you or someone you know has been a victim of fraud, you’re probably aware of how quickly financial security can change overnight. Unauthorised transactions can go unnoticed, leading to significant losses that could have been prevented with timely monitoring.
"A weekly review of your bank statements could be the key to catching unauthorised transactions early and maintaining tighter control of your finances. While many people only check their statements monthly or when they receive a paper copy, weekly monitoring helps identify suspicious activity sooner, reducing the risk of serious financial repercussions.
"Frequent reviews allow you to catch fraudulent charges, unexpected fees, and even simple banking errors before they escalate into larger issues."