A bank statement template is a report released by banks which shows the record of balance in an account, the amount that have paid into it and withdrawn from it. Generally it is issued every month to the holder of the account. It is important for an account holder to review their bank statements carefully and keep them for their own financial records. The statement shows detailed activities in the account and it allows an account holder to see all transaction processed on his account throughout the month. Usually the statement includes the list of checks paid, total withdrawals, total deposits, interest earned and service charge incurred in an account. A bank statement template gives the details for a person’s bank account transactions which might include the total amount credited or debited during a fixed period of time. A bank statement reveals the detailed information of somebody’s credit account in a local or an overseas bank. Generally bank statements are sent out in the post or assessed online. It is very important for you to check your bank statement regularly if you have a high number of transactions. It shows all deposits made into the account and all payments made out including any debt payments. These statements are great way to help an account holder to keep track of his money and recognize spending habits. Nowadays most of banks offer an account holder the option of receiving paper statement or paperless electronic statement and these statements are known as electronic statement.
Details of Bank Statement Template
A fundamental layout for generating a bank statement format incorporates all the subtle elements, from the total current amount present in the account to the records of the amount of money withdrawn or added to it during the course of the time. Bank statement also states that name and logo of the bank and the person or the institution holding the account. It also mentions the date and exact time for each and every transaction, either in the form of money credited or debited from the account. The official bank statement issued by the bank on the request of the account holder is generally signed and approved by the person in authority. The bank statement format also states the mode of transfer of any kind of transactions made during the time period.We are providing a download button underneath the image of this template for quick download. All you need is to click on download button and file will moved to your desire folder without any delay.