An electronically generated statement received by bank account holders at the end of each month is named as bank statement. Almost all banks issues such statements to their customers to give them details about transactions made through specific account like deposits, online transfers, withdrawals, service charges if any, the opening balance and closing balance etc. It provides the customer detailed overview of transaction made during the entire month and can be used to check accounts personally. Bank statement templates are commonly used to create such documents in professional format.
Basically, bank statement is the comprehensive summary of bank account transactions made by the account holder till date. Mostly banks issue bank statements to their customers after completing the month but a customer can get one before the date by making a formal request as per bank rules and policies. These are prepared for both personal and professional bank accounts. Accountant of the company or a general person can use this statement to tally transactions stated in the bank statement with personal statement. Almost all banks are using different accounting software to keep track of transactions and the system automatically generates statement for each bank account holder at the end of month.
As an employee of the bank if your responsibility is to generate bank statements for customers, then you must have a bank statement template at place to make the work simpler. Making such statements from scratch is a time consuming task so try to utilize an editable bank statement template or format. It enables the user to make and print bank account statements in short span of time without spending lots of efforts and time. Here we have easy to modify templates that can be downloaded free of cost by hitting the download link shown below.