Bankutskrift

Bankutskrift is a Swedish term that translates to bank statement or account statement. It is a document provided by a bank or financial institution that details all transactions that have occurred on a particular bank account over a specified period, typically a month.

A bankutskrift lists incoming and outgoing financial activities such as deposits, withdrawals, transfers, direct debits, and any fees or charges applied by the bank. Each transaction is usually itemized with a date, description of the transaction, and the amount. The statement also shows the opening and closing balances for the period.

These statements are crucial for account holders as they serve as a record of financial activity, allowing individuals and businesses to track their spending, monitor for any unauthorized transactions, and reconcile their accounts. They are often required for various administrative purposes, including loan applications, tax filings, and verifying income or expenses. Banks typically send out bankutskrifter by mail or make them available electronically through online banking platforms.