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Understanding your paper statement
Your paper statement

- Account – Name of the account the statement covers
- Number – The sort code and account number covered by the statement
- Period – Time frame that the statement covers
- IBAN - Your account IBAN and BIC
- Date - The date when the transaction was performed by yourself or claimed by the retailer
- Type – This tells you the type of transaction which has been completed and is displayed as an abbreviation. For a full list of these see Statement References
- Description – This is the name of the transaction
- Paid out - Value of the transaction taken out (debited) from the account
- Paid in – Value of the transaction paid (credited) into the account
- Balance – Indicates the current balance of the account
Why not go paperless? Make the switch to paperless statements and access up to 7 years on statement history online.