An account statement is a document that owners take to provide information on a current or closed deposit. It includes data on the account number, the name of the bank in which the service is carried out, the client's full name and operations, and during the selected period of time. It can be provided at the request of the client online or at the office of a financial institution.
Why do customers get a document? Purpose of statement
Making an extract from a personal account allows customers of a bank and another company to find out information on a deposit of interest or a bank card.
This is necessary for:
- Obtaining a loan. The certificate prints the operations of crediting and / or writing off funds, including the payroll of the client. This allows the bank or other lender to calculate the solvency of the client to make a decision on the loan.
- Court decision. When it comes to litigation, an extract from a personal account is often evidence of the economic activity of the client. It is used in family affairs, for example, when assigning child support payments.
- The search for payments. To confirm the operation of transferring funds, the client of the bank may present a document stating the date and amount of the expenditure of funds for the given details.
- Confirmation of receipt. If the account holder needs to verify the transfer of money or prove it to third parties, he has the right to present an extract from the bank.
- Confirmation of residence at a specific address. We are talking about an extract from the personal account of a house or apartment with an indication of the list of residents.
Types of statements depending on the time period
According to the term there may be statements:
- Quarterly - for an interval equal to 3 months. Used for accounting purposes, to confirm the debit or credit on the account of an individual.
- Annual - during the calendar or working period indicated in the period documents.
- One-day - documents printed on a specific date.
- Arbitrary - certificates with the interval indicated by the account holder. May include several days, weeks, months, or even years.
Types of executive body certificates
The executive body affects the type of document, therefore extracts are:
- Banking. Issued by a credit institution at the request of the account holder or authorized body.
- Accounting. They are printed in bookkeeping to confirm operations on the account of an individual. Issued to management or employee upon formal request.
- State. They are drawn up at a branch of Russian organizations, for example, the Pension Fund of the Russian Federation.
Ways to get documents
Depending on the design option, there are:
- Electronic documents. This is online banking help.
- Classic paper help.
Under the law, both types are legally equal, but in some companies and government bodies employees give preference only to paper documents, with the seal and signature of the authorized person who issued the certificate.
Where is a bank document issued?
The most common is an extract from the personal account of a bank client. It is issued to the account holder upon presentation of an identity document. At the client’s choice - a certificate issued at the bank’s office or via the Internet.
How to get a statement from a personal account with Sberbank, for example? This requires:
- Contact the office of the company at the place of registration of the client with a passport.
- Take the coupon "Inquiries, statements, powers of attorney".
- Come up with him on a call to the specified "Window".
- Present passport.
- Indicate the account for which information is required. It is not necessary to take a certificate of opening or an agreement with you - the manager can print information based on an oral statement from the client.
- Report the time interval for generating information on the debit and credit of the account.
- Check the received data.
It is not necessary to contact the branch at the place of account management. Getting help is a standard operation, so the client decides where to get the statement from the personal account. Branch status or branch number does not affect the data in the document.
Period of receipt and validity of the statement
An extract from a personal account is provided to a bank client as soon as possible. If possible, it is issued to the owner immediately after presenting the passport.
The maximum term for submitting documents is 180 days. This is the time during which the request is made and processed in the bank's archive.
Six months to order an extract is not a whim of a financial organization. Over time, most banks and other companies switch to paperless workflow, and all data collected earlier in the traditional format is entered into the organization’s new database. It takes time and requires significant resources.
In the process of processing information, part of the data with a shelf life of 3 years or more loses its relevance and is disposed of, the rest is transferred to the archive. If the certificate was not included in the new database, its search may take several months.
Also, from 1 to 3 weeks it takes to print a copy with all signatures and seals, and send it to the office at the place of demand.
Who can get a bank statement other than a client?
It is allowed to receive certificates on behalf of the client by the legal representative. As a confirmation of authority, a duly certified document is required, for example, a notarized power of attorney. The degree of kinship and the availability of client documents in the hands of third parties (even relatives or spouses) are not grounds for issuing certificates to them.
Parents have the right to receive an extract from the personal account of the child if they have the permission of the guardianship authorities. Otherwise, the statement will be refused, even if the parent opened the account (but in the name of the minor contributor).
The permission of the guardianship authorities is issued for a certain period and may include not only the issuance of certificates, but the withdrawal of cash from the child’s account.
Getting help online (for example, PJSC "Sberbank")
An affordable and quick way to draw up documents in a bank is to obtain a certificate via the Internet. The accuracy of the information and the legal validity of such a document are not inferior to a paper certificate.
Bank customers can receive information in the terminal or online banking.
How to make a personal account statement with Sberbank using Sberbank Online:
- Enter the application using the username and one-time password received in SMS.
- Choose a card or account for which information is of interest.
- Click "Get a bank statement" or "Order a report by e-mail."
- Set time interval.
When ordering by e-mail, the client will receive a document with the specified parameters within 24 hours. If you need a bank seal, you must contact the branch with a passport to generate a report in the online kiosk inside the branch.
What does the bank certificate include?
A sample account statement contains the following information:
- F. I. O. account holder. If the certificate is drawn up by the client’s representative, then the document still indicates the data of the person in whose name the statement is required.
- The name of the credit institution, including the branch number in which the report is generated.
- The name of the document is "Extract from the personal account", account number.
- Debit and credit operations, with a possible indication of the source of funds.
- Account currency.
- Contract number (if any).
- The seal of the bank and the signature of the authorized person, if the document was executed at the office of the company. An analogue of confirming a certificate from the Internet is electronic printing.
- The interval over which a sample of operations is presented.
Receiving a statement to confirm registration
When registering transactions on the real estate purchase and sale market, sometimes an extract from the personal account of the house is required, which indicates the number of residents. Information is presented in the home book.
It is also used if the owner of the property plans to make changes to the book, for example, to register a relative or spouse in his apartment.
Since 2016, it is not necessary to apply for the operation to the Rosreestr. With the opening of the Multifunctional Center (MFC), Russians have the opportunity to order a certificate of family composition in the department of a state institution.
The extract from the house book indicates the type of property, the registration address, the owner and the number of residents (with the name of F. I. O. each). It is certified by the seal of the issuing authority and the signature of the authorized person.
Help is not issued immediately. The term for receiving an extract varies from 1 to 15 days, depending on the degree of workload of the MFC.
A certificate can only be obtained by the owner of the property. If an extract is required for one of the tenants, he can make a request on behalf of the owner.