How to get your Bank Account Statement in Nigeria
Bank Account Statement – I’ve witnessed this scenario where a friend of mine lost millions of naira simply because he played down the importance of checking his bank account status through his statement of account.
Does Bank account statement provides an over view to determine if a transaction occurs in your account, sure yes. If you can have access to your statement of account, confirmation and integrity issue based on transaction is almost solved.
Do you now mean to say SMS Alert I get from my bank does no longer apply, I haven’t said so, however, bank statement is the most ideal parameter I’ll recommend you rely on for confirming your transactions. I’ll tell you why.
Remember I made mention of a friend of mine who lost millions of naira simply because he never saw the importance of falling back to his account statement for reconciliation, rather depends on bank alert.
What actually happened, thank you for that question, it so be that his customers will always call him on phone after they had given him a fake SMS alert, the alert will suggest they have paid a certain sum into his bank account, having gone through it and thought it was the normal bank alert, he’ll release the goods on waybill to the said customers.
This trend continued for a very long time, only for my friend to find out that his credit balance is nowhere close to what he’d received so far in alert.
He quickly dashed to his bank and aggressively demands for explanation on the difference observed in his account.
The bank conducted their own enquiry relative to his purported SMS alert, lo and behold, those transactions could not be traced to his Bank account statement trail.
What does that suggest, something has definitely gone wrong and typically not from the bank, but from his customers.
My bosom friend had simply been defrauded, he’s a victim of fake alert and it stays at that.
What is Bank Account Statement?
Statement of account is the summary of all financial transactions that took place or occurred in your bank account within a period of time.
A bank statement has the following features: It shows credit, debit transactions. It shows the name of whoever deposits or credits your account alongside transaction analysis, it contains the date of transaction and possibly location.
As a modern practice, if you sign up for email banking with your bank, you will receive your Bank account statement by the end of every month via your email.
Some bank mobile apps are enabled to as well view your bank statement. If my friend had used his statement of account as a cash deposit confirmatory tool concurrently, he wouldn’t had been a victim of fake alert. That’s the moral lesson.
FAQ QUESTIONS ON BANK ACCOUNT STATEMENT
How to get bank statement of account: Getting a statement of account is not a rocket science, kindly follow the below steps
- Walk straight to your bank
- On arrival, locate the customer service desk
- Tell the customer service officer you will like to have your statement of account
- You will be asked to write officially to the bank for your bank statement, do not be afraid of writing this letter. Below is an example of what this letter looks like
Your address should come at the top right corner of the paper, while you address to the bank at the lower left corner of the paper just like any other official letter. The content of the letter thus becomes
REQUEST FOR MY BANK ACCOUNT STATEMENT
Kindly use this letter as an instruction to avail me my account statement running from 1st January to April 30th, 2019.
Account name: Emeke Yusuf Olayinka
Account number: 15642***** depending on the bank.
Yours in business
Sign your signature
Write your name here (Emeka Yusuf Olayinka).
As simple as that, you’re done with the letter.
- The officer will collect your letter, log into your account and select your preferred date as stated in your letter, then print and hand in your statement of account.
How to print bank statement:The bank has the sole responsibility to carry out this task. You can however print your statement if it’s being sent to your email by connecting your device to a printer then get a hard copy of it.
Your Bank Account statement remains an all-important and valid security document, always rely on it for your reconciliation, you will be happy you did. It’s your turn now, share your experience with us if any.
Raphael is a seasoned and dynamic writer, with interest in Banking, personal finance, entrepreneurial development. A councillor and motivational speaker.