Bank statements are highly sensitive documents containing financial data, account numbers, and personal identifiers. To recycle bank statements, secure handling is needed first.

Failing to destroy them correctly can lead to identity theft, financial fraud, or breaches of privacy regulations – especially for businesses managing client data.

How to dispose of bank statements

Shred bank statements using a cross-cut or micro-cut shredder before placing the remains in the recycling bin. Alternatively, arrange secure document destruction via a certified provider. Never place whole statements, envelopes with windows, or stapled bundles directly into recycling.

Importance of secure destruction

Proper disposal of bank statements reduces the risk of personal or corporate data exposure. For workplaces, it’s part of maintaining compliance with privacy laws. Secure document handling practices are essential for managing financial, legal and reputational risk.

For more on recycling bank statements, contact the friendly Wanless team.