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Is it safe to throw away old bank statements, or do you need to shred them first? According to the Federal Trade Commission, you should shred documents containing sensitive information, including bank statements, to protect yourself from identity theft.
Let the documents sit for 24 hours. Sitting in the bleach-water solution for 24 hours will effectively break down the sensitive documents and make them easy to pulp. If this is an emergency situation, and/or the documents need to be destroyed more quickly, consider the other methods listed here.
You can pulp your documents by allowing them to soak in a water and bleach mixture for about 24 hours. Then, after they have been thoroughly soaked, you can use a hand blender to pulp the documents so that none of your personal information is identifiable. Cutting or shredding by hand.
Water. Soak a confidential document in water for long enough and it will eventually become completely unreadable. If you dont have too many documents to destroy, place a couple of sheets of paper inside a resealable plastic bag and fill it up with water.
Shredding is a common way to destroy paper documents and is usually quick, easy and cost-effective. Many retailers sell shredders for use within your office or premises, enabling you to shred and dispose of the documents yourself.

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Even if theyre old bank statements, they should be shredded. Your name, address, phone number and bank account information are in those statements, along with your habits, purchases and banking history. Even if the account is closed, shred it anyway.
Other Paper Shredding Services CompanyServicesPriceFedexDrop-off service, uses Iron Mountain to do actual shredding$0.99 per poundUPSDrop-off services, uses Iron Mountain for shredding$0.95 - $3 per poundStaplesIn-store shredding$0.99 per pound Dec 21, 2017
Cost Breakdown Screw driver: $45 (lowest cost product Canadian Tire) Buckets: $20 for two. 2 Litres of Laundry bleach: $2. Paint mixer: $5 (average cost at WalMart) Time cost: 24 hours wait time +5 minutes to shred.
You can opt out anytime. Paper shredders. A paper shredder is one of the most common ways to dispose of sensitive documents and offers convenience and security. Small job document disposal tools. Document shredding locations. Professional paper shredding service.
You can pulp your documents by allowing them to soak in a water and bleach mixture for about 24 hours. Then, after they have been thoroughly soaked, you can use a hand blender to pulp the documents so that none of your personal information is identifiable. Cutting or shredding by hand.

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