A bank statement is a document issued by a bank, usually on a monthly basis that summarizes the bank account holder’s financial transactions involving balance and activities such as deposits and withdrawals which can be sent via regular mail or electronically (paperless statement). Bank statements also provide the depositor’s account information like name, account number, and account type.
When do Bank Statements need to be translated?
Bank statement translation may be needed for the following:
- Certified translation is frequently required for bank statements to acquire a home mortgage or other bank loans
- For visa application or requirement abroad (student visa, business, or work visa)
- For marriage settlement, requirement for immigration department
- For other legal purposes, especially if the bank statements were issued in a different country
Why do I need certified translation services for my bank statement?
Bank statements are confidential and contain crucial financial information. Financial terms and technicalities are found in bank statements which must be accurately translated to avoid any discrepancy which might lead to your bank statement being incompetent and inadequate.
Professional translation is a great value to ensure that your bank statements are error-free and precisely converted from its original language to the language of the respective country. Certified translation services make sure that all values from your bank statements are complete and correctly filled to mirror the original arrangement and design of the documents.