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Paper statement explained

Understanding your paper statement

Your paper statement

Paper statement
  1. Account – Name of the account the statement covers
  2. Number – The sort code and account number covered by the statement
  3. Period – Time frame that the statement covers
  4. IBAN - Your account IBAN and BIC
  5. Date - The date when the transaction was performed by yourself or claimed by the retailer
  6. 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
  7. Description – This is the name of the transaction
  8. Paid out - Value of the transaction taken out (debited) from the account 
  9. Paid in – Value of the transaction paid (credited) into the account
  10. Balance – Indicates the current balance of the account

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