Free Bank Statement Template [Excel, Word, PDF]

bank statement template excel 1

The bank statement template is considered the most important financial document. This document states how much you have in your account and how much you have spent. It requires a lot of effort and time to create but with the help of a template, you can create it in a fraction of seconds. Additionally, the templates contain a professional layout that you can easily understand.

What is a bank statement?

A bank statement is a summary of financial transactions that have happened over a particular period of time. From your bank or other financial institutions, you can get a bank statement template. The statement includes the transactions such as deposits, withdrawals, debit, and credit. Mostly bank sends this statement via email in the form of a written document. However, some people prefer paper bank statements so that they can keep this document in their files and use it when needed.

Basically, it is the standard method of banks to provide an overview of all the transactions. Moreover, the bank statement usually starts with the date of your last transaction i.e. opening balance from the previous month, and ends with the most recent transaction i.e. the closing balance of the current month. You may also like Direct Deposit Authorization Form.

Importance of a bank statement:

This financial document has great importance as it provides you information about the remaining funds in your account. A specific amount is mentioned on it which you have paid or received within a particular period. You can get all information about your account via this document. It helps you to make yourself aware of your financial status. Hence, by knowing your financial status, you can plan your expenses accordingly. Also, when you have confirmed the balance in your account through a statement, you can easily issue checks as payment for the items you want to purchase.

With the help of a bank statement, you can learn different types of bank schemes. Usually, the banks use it to advertise their plans, products, and financial schemes. This document also serves as your proof of address. Thus, it is a very important financial document so be careful when you receive it. You must ensure that it is not a fake bank statement.

Some features of a bank statement:

Some important features of a bank statement are as follows;

  • This statement is monthly made by the banks. They issue it to all of their account holders.
  • This financial document represents all monthly activities in the account such as deposits, withdrawals, service charges, and earned interest.
  • Your starting balance, ending balance, the date of the statement, completed transactions, details of the customer, and other relevant information are also mentioned on it.
  • In short, it provides you with a summary of all the transactions that have occurred within a month or a particular time period.

Using a bank statement template:

You have to go through your bank statements to check whether there are any discrepancies when you are trying to reconcile the details on your account against the bank records. Report right away to the bank if you find any discrepancies. Writing a formal letter to describe your situation would be better.

Bank statement templates are issued by banks and other financial institutions to their account holders to indicate all transaction details in the account. The financial activity that occurred in your account within a month or a specific period, it gives you information about them. On a specified date, these statements are usually sent by the banks to their customers. These days, some banks send electronic statements to their customers through email. Some banks provide you with the option to select whether you want to get the printed document or you want to get your statement via your email.

You can see your bank statement online through the electronic statement or e-statement. After downloading the statement, you can save it on your computer and print it out when required. Some ATMs allow you to print out a summary of your bank statement referred to as your transaction history.

Some people still want to receive the printed document from the bank. This is because they keep all the printed monthly statements as a record of their financial history in a specific file.

How to create a bank statement?

It isn’t possible to make your own bank statement template and use it as an official document. However, you can use a fake bank statement template for your own personal use to compare with the one received by your bank. For this purpose, you just have to take a copy of your original bank statement.

Bank statement templates are created by the banks and they take a lot of time and effort. The designers of these templates go through a tedious process. So, after a lot of struggle, they create a meaningful layout that everyone can understand.

No one has the right to create a fake bank statement and pass it off as an official document. It is an illegal act and by doing this you can face a lot of difficulties. However, for any purpose, if you require a bank statement, you just have to request it from the bank, and they will give you one copy of it.

How to request a bank statement?

You have the right to request a bank statement if you have an account in a bank. Commonly, banks don’t issue statements. However, if you need it, you have to request one. Banks also have the legal right to issue a statement whenever one of their clients requests it.

To request a statement, you just have to submit an application that contains all the necessary information such as your name, account number, and a specified time period for which you need the statement. After the approval of the application, the bank will issue a copy of the bank statement without any charges. But if you require more than one copy then you have to pay for it. You should also check Fillable Blank Check Template.

How to reconcile your bank statements?

Reconciling the information you have with that of the bank is one of the main reasons for requesting a bank statement. You may find discrepancies sometimes. This indicates that the information doesn’t match and there are various reasons why this might happen.

Place the information side by side with each other to reconcile them. Highlight if you find any differences. After that, along with a copy of your bank statement and your own records, compose and send a letter about your discovery to your bank.

Can I get fake bank statements?

You can create your own templates for bank statements but you can’t consider them as official documents. Usually, people download the template for their own personal use such as to compare the template with the one sent by their bank. Additionally, don’t attempt to use a fake bank statement if you receive it. Instead of doing this, download a copy of your bank statement or you can also receive it from your bank directly.

The advantages of the bank statement:

Bank statement provides you a lot of advantages, some of them are as follow;

  1. When you want to apply for different types of loans then you can use them. You just have to request a statement from your bank and after getting the document attach it to your loan application.
  2. You can use it to keep a check and balance on your monthly transactions. With the help of a bank statement template, you can create your own personal document to list all of your transactions. Then, by receiving the real bank statement, you can compare it with your own document.
  3. Furthermore, the bank statement helps you to trace all of your transaction information if you see any problem with your account.
  4. This financial document acts as proof of all your monthly transactions. It is a helpful document for the business owner when they are making financial decisions.
  5. It also helps you in tracking and knowing your spending habits.


In conclusion, a bank statement template is used by banks and financial institutions to show all of the details of the transactions in the account over a certain time period. These statements are sent by the banks to their customers on a given date. Most importantly, if there are any discrepancies, with the help of this document, you can reconcile the information on your account against the records of the bank.

Faqs (Frequently Asked Questions)

Should a bank send their clients a monthly statement?

It is important for clients to know where all of their hard-earned money goes. All banks have to send their clients a monthly bank statement on their checking or savings account as per the law. The bank must send you a monthly statement for that month in case an EFT transaction occurs in your account.

How can you differentiate between a bank statement and a transaction history?

Both bank statements and a transaction history provide sets of records of transactions but there is a difference between them. Bank statements just give a set of records for particular periods like monthly, quarterly, and annually. On the other hand, transaction history allows you to select a specific date range of data that you are going to retrieve.

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