pangaväljavõte

Pangaväljavõte, often translated as bank statement, is a document that provides a detailed record of all financial transactions conducted through a bank account over a specific period, typically a month. It serves as a crucial tool for account holders to monitor their finances, track income and expenses, and verify the accuracy of banking operations.

The typical pangaväljavõte includes information such as the account holder's name and address, the account number, and the statement period. Each transaction is listed with its date, a description of the transaction (e.g., salary deposit, purchase, ATM withdrawal), and the amount. Both credits (money added to the account) and debits (money removed from the account) are clearly shown. The statement also usually displays the opening balance at the beginning of the period and the closing balance at the end.

Individuals and businesses use pangaväljavõte for various purposes. It helps in budgeting, detecting fraudulent activity or errors made by the bank, and provides proof of financial activity for loan applications, tax purposes, or legal matters. Banks usually provide these statements electronically via online banking or email, and some may still send physical copies by mail. Regularly reviewing one's pangaväljavõte is a fundamental aspect of sound financial management.