No Stress, No Hassle: How to Obtain a Yearly Transaction Statement from Your Bank

Introduction

Are you looking to obtain a yearly transaction statement from your bank for a specific period? Whether you prefer the convenience of online banking or the traditional branch visit, this guide will walk you through the process.

Option 1: Retrieving Your Yearly Statement through Online Banking

If you have already set up net banking (online banking) for your account, the process is straightforward and accessible. Online banking allows you to view and download your transaction statements for any period, including an entire year.

Steps to Request a Yearly Statement via Online Banking:

Login: Access your online banking account via your bank's official website. Navigation: Use the menu to find the section labeled 'Statements' or 'Transaction History'. Date Range: Select the option to specify a custom date range. For a yearly statement, enter the start and end dates for the desired time period (e.g., 1/1/2022 to 12/31/2022). Download/Print: Once you have selected the appropriate dates, choose to either download the statement as a PDF or print it directly from your browser.

Option 2: Requesting a Statement by Visiting Your Bank Branch

If you prefer a more personalized service or have not yet set up online banking, you can visit your nearest bank branch and submit a request for a statement of transactions.

Steps to Request a Statement by Visiting the Branch:

Visit the Branch: Choose a convenient time and visit your local bank branch. Contact the Counter: Speak with the staff at the counter and request a statement of transactions. Provide Identification: You may need to provide your identification and account details. Fill Out the Request Form: A staff member will likely provide you with a form to fill out, which details the time period you wish to obtain. Submit the Request: Once you have completed the form, submit it to the staff member for processing. Wait for Your Statement: Your statement will be prepared and sent to you, either by mail or in-person after processing.

Service Charges and Additional Information

It's important to note that some banks may charge service fees for generating transaction statements. These fees can vary depending on the bank and the method used to request the statement (online versus branch visit).

Additional Considerations:

Timeliness: The time it takes to receive your statement can vary. Branch visits might be faster compared to online requests, depending on the bank's processing times. Security: Always ensure that you use secure methods for accessing online banking or submitting requests in person. Be wary of phishing scams or unauthorized access. Frequency: Requesting statements regularly can help you keep track of your finances and monitor for any suspicious activity.

Conclusion

Gaining access to a yearly transaction statement is a simple yet crucial task. By following the steps outlined above, you can easily obtain this document, whether you prefer the convenience of online banking or the personalized service of a branch visit. Remember to stay informed about any associated fees and take necessary precautions to ensure the security of your transactions.