Bank Transaction Record Template


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Get your Bank Transaction Record Template in 3 easy steps

  • 01 Fill and edit template
  • 02 Sign it online
  • 03 Export or print immediately

Understanding the Bank Transaction Record

A bank transaction record is an official document that records all your banking activities. Activities like deposits, withdrawals, purchases, and even online payments appear on your bank transaction record. Apart from providing a complete record of your financial transactions, it can also be utilized for auditing, tracking down errors, managing taxes, or reviewing personal expenditures.

Bank Transaction Record Template Screenshot

Key factors to remember

There are a few significant points to note about the bank transaction record template. It's not just a plain record of your transactions, but it's a powerful tool that can help you in many ways. This document gives you a clear picture of your spending habits. It can alert you if you are overspending in a particular area so you can take corrective measures. 

Upon analyzing your record, you might find a large number of small transactions adding up to a substantial sum. You can then cut down on these unnecessary expenses and save more. The bank transaction record template also assists in tax planning and auditing, as it is legitimate proof of your financial transactions.

How to Fill Out Banking Transaction Record Template

When you're learning how to fill out this form, it's important to take each part step by step:

  1. Start filling out the form by entering the unique 'Number or Code' associated with your bank's account or transaction in the corresponding field. This is typically a reference number provided by your bank.
  2. Move to the 'Date' field and enter the date when the transaction occurred. Be sure to follow the format requested by the form. This might be in mm/dd/yyyy or day/month/year format - take note of this before entering the date.
  3. In the 'Transaction Description' field, provide a short but detailed description of the transaction. This could be something as simple as 'grocery purchase', 'withdrawal through ATM', 'monthly bank fee' or 'salary deposit'. Make sure it's clear and concise.
  4. After the description is in place, move to the 'Payment Amount' box. Here, type in the exact monetary amount that you paid for the specific transaction. If there was no payment for the transaction, leave this box empty or write '0'. 
  5. The 'Fee' box is the next field you should fill in. If there was any fee associated with the transaction, it goes here. It could be a transaction fee, a service charge, a form processing fee, and the like. If there was none, leave it blank or write '0'
  6. Proceed to the 'Deposit Amount' field and enter the exact amount of money that was deposited into your account during the transaction in question. If there was no deposit made, leave this box empty or write '0'. 
  7. The final part to fill out is the 'Balance' section. Calculate your account balance after the transaction has been processed, taking into account previous balances, payments, fees, and deposit amounts. The balance should correctly reflect your current account status.
  8. After you've filled out all the sections, review the form to ensure that all details are accurate. This step helps to confirm that all transactions have been recorded accurately and that the form is ready for submission. 
  9. Once you've confirmed everything, the form is complete and ready for submission. You can save a digital copy on PDFLiner for your records and if necessary, print it out or submit it digitally.

Advantages of using a transaction template

The benefits of using a banking transaction record form template are numerous. First, it helps keep your financial accounts organized, which can be crucial when preparing your taxes or balancing your checkbook. It also serves as a handy tool for tracking expenses and income sources. Most importantly, by regularly analyzing your bank transaction record, you may detect any unauthorized activities on your account promptly.

Fillable online Bank Transaction Record Template
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