Bank Statement

Detailed financial records summarizing account transactions over a set period.

Last updated
December 2, 2024

A Bank Statement is an essential financial document that provides a detailed summary of all transactions conducted in a bank account over a specified time period, typically monthly. It includes deposits, withdrawals, and any fees charged, along with the corresponding dates for each transaction. Understanding your bank statement is crucial as it helps monitor your financial health, budget your expenses, and reconcile your financial records accurately.

This document is used by individuals and businesses alike to track their financial activities and ensure accuracy in their bookkeeping. It plays a significant role in personal finance management, helping users identify spending patterns and detect any discrepancies that may require further investigation.

Extractable Data Fields

Below is a table listing the key data fields that Vaultedge can extract from Bank Statements. Please refer to the table below for detailed information.

Field NameIncluded in ProjectField Type
Bank NameYestext
Bank AddressYestext
Borrower NameYestext
Borrower First NameYestext
Borrower Last NameYestext
Borrower AddressYestext
Borrower Street Address 1Yestext
Borrower Street Address 2Yestext
Borrower CityYestext
Borrower StateYestext
Borrower ZipcodecodeYesnumber
Co-Borrower NameYestext
Co-Borrower Name 2Yestext
Account NumberYesnumber
Account Number 2Yesnumber
Account Number 3Yesnumber
Statement Start DateYesdate
Statement End DateYesdate
Period Start And End DateYesdate
Opening BalanceYesamount
Opening Balance 2Yesamount
Opening Balance 3Yesamount
Closing BalanceYesamount
Closing Balance 2Yesamount
Closing Balance 3Yesamount
Period Start And End BalancesYesamount

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