Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
A bank statement or account statement is an official summary of financial transactions which have occurred over a given period on a bank account held by a person or business with a financial institution. Normally, bank statements are numbered and indicate the period covered by the statement, and may contain other important information for the account type, such as how much is payable by a certain date.
Bank statements had historically been printed on one or several pieces of paper and either mailed directly to the account holder, or kept at the financial institution's local branch for pick-up. In recent years there has been a shift towards paperless, electronic statements, and most financial institutions now offer direct download into the account holders accounting software.
Many institutions offer a non official transaction history, which may be printed by some ATMs, or a transaction history may be viewed on the institution's online banking software or available via telephone banking. Transaction histories may also be shared with other financial institutions when the account holder gives permission through open banking to provide services such as account aggregation.

View More On
  1. D

    NSW Dance academy non refund of credit on statement

    I have recently withdrawn my children from a dance academy in NSW who have a policy not to refund any credit that you have paid to your account if you close your account with them. I always paid ahead so that tuition was never in question, however, my child ended up deciding not to proceed with...
  2. S

    VIC Thoughts on the constitutional issues related to the referendum (to implement the Uluru Statement from the Heart.)

    What does everyone think about the consitutional issues behind the referendum (The referendum is part of the Australian Government’s commitment to implement the Uluru Statement from the Heart.) Additionally, what are everyone's thoughts on the matter? Please help me! I need to write an account...
  3. OracleImmigrationConsult

    VIC How to make a GTE (Genuine Temporary Entrant) statement for student visa Australia subclass 500?

    ASSESSING THE GENUINE TEMPORARY ENTRANT CRITERION FOR STUDENT VISA AND STUDENT GUARDIAN VISA APPLICATIONS AND MAKING A PROFESSIONAL SOP (STATEMENT OF PURPOSE) On 18th April 2016, Mr.Peter Dutton (Minister for Immigration and Border Protection) issued Direction Number 69 under section 499 of...
  4. J

    QLD Passengers changed statement in order to claim compensation and bring charges

    Hi All, My nephew crashed his car after it hit a pothole at night when it was raining. He got injured more than the passengers (broke ribs, etc) but one of his two passengers went to hospital as well. One passenger was his step brother and the other was the step-brother's best friend. At the...
  5. T

    NSW Can I summon a solicitor to produce a statement they provided legal advice?

    I'm an owner in a strata building and last year the executive committee got legal advice on problem with the building. The thing is they don't want to tell anyone the outcome as it probably puts them in bad light since they're responsible for the problem. I've since filed an NCAT application...
  6. darrylprice

    QLD If, during the recording of a statutory safety inspection I make the statement "stable at time of inspection" does that have any real value?

    It seems of little value because in the context any observational inspection it is by default as seen at the time it was made. Is there any value in the law or is it "bush lawyering"?
  7. J

    NSW Amended Statement of Claim

    Hi, does anyone have their Amended Statement of Clam posted by the registry/court before? Or received one posted from the registry/court? I filed it online a few days after the original was posted by registry/court, and was told by the registry that both have been sent on the same day + deem...
  8. J

    NSW Spelt name wrong on statement of claim. Judgement entered. What can you?

    Spelt name wrong (one letter)on statement of claim. Judgement entered. What can you do?
  9. M

    VIC Privacy statement to ensure govt body shares info?

    Hi everyone, OK, so I have tried several times to start a new Federal political party. This week we were told that from the AEC's testing, we had one member "deny" being a member. But they won't tell us who due to "privacy" reasons. So we are starting a new membership list, and we are going...
  10. P

    WA Amending statement (DOMESTIC VIOLENCE);/

    Hi, I've been desperately searching everywhere for information on what my options are too withdraw my statement or amend/correct it. I've reached out to the prosecution but they are ignoring me. I've advised i need to amend the statement because at the time of the domestic i was in between...