I hear banking information is kept for a period of seven years. Assuming I need statements from 1998/1999, can they still be obtained, if not by conventional means then by legal or government request?
I've heard that banking information is still retrieved that is older than seven years, for use in police cases or investigations. This matter is very important to me and I appreciate the help.
Untitled
If a bank happens to maintain records for longer than legally required, that bank would have to produce the older records in response to a subpoena or other legal document compelling surrender of the records. However, if the bank doesn't have the records, it doesn't have the records, and legal documents cannot produce what isn't there.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
If a bank happens to maintain records for longer than legally required, that bank would have to produce the older records in response to a subpoena or other legal document compelling surrender of the records. However, if the bank doesn't have the records, it doesn't have the records, and legal documents cannot produce what isn't there.
