For those of you who have a savings account at a bank, you may be familiar with the word "bank statement", but do you know what a bank statement is? What are the benefits for customers who check bank statements regularly? This article will discuss the meaning of bank statements, their uses, and how to check bank statements that you can do.
What is an Account Statement?
Account movements are the transaction history of a bank account transaction history that shows the flow of funds entering and leaving the account. These transaction records will contain transactions that enter and leave your account.
A bank statement is one of the features or services provided by the bank for customers. So, every customer with an account can make a bank statement to see the transaction history in their account.
Use of Bank Statement
Bank statements are not just records or transaction history. Checking bank statements regularly will have several uses for each customer, as follow
- Manage Finance
Checking bank statements regularly will help you find out the current condition of your finances. That way, you can manage and control the flow of funds into and out of your account based on your current financial condition so that your financial flow is better.
- Loan Submission Requirements
Apart from helping manage finances, account transfers can also be used as a condition for applying for bank loans such as KPR (Home Ownership Credit) and KTA (Unsecured Credit). Account transfer data will be used as a reference for banks to process loans, whether your loan can be accepted or rejected.
- Anticipatory Steps for Suspicious Transactions
Checking bank statements regularly can also help you anticipate suspicious transactions. From the bank statement data, you will get information on the flow of funds into and out of your account because the data shows the account from which the funds flowed and the account to which the funds are flowing.
- Visa Application Requirements
Another benefit of bank statement data is as one of the conditions for making a visa. If you frequently travel abroad, a mutation of your account can help you get approval for your visa application.
How to Check Account Movements
After knowing what a bank statement check is and its uses, you also need to know how to check a bank statement. There are several ways you can choose to check bank statements.
- Check Account Movements via Mobile Banking
The first and easiest way to check bank statements is through mobile banking. This way, you only need to download the mobile banking application and log in to your account to check bank statements. For you customers of Bank MAS, you can check bank statements through Bank MAS's mobile banking application, namely MAS Mobile. You can check bank statements via MAS Mobile in the following ways:
- Open the MAS Mobile application
- Log in using your username and password
- Select Rekeningku menu located at the bottom of the screen
- Choose your savings account
- Select the start and end date of the mutation, check the Mutasi Rekening table, then click Kirim
- Check Account Movements via Internet Banking
The second way to check bank statements is through internet banking. If you want a way to check bank statements that is as easy as the first method, you can choose to check bank statements via internet banking. This method makes it relatively easy for you because you can check bank statements anytime and anywhere using a computer, laptop, or mobile phone as long as it is connected to an internet network.
For Bank MAS customers, you can use Bank MAS internet banking service facilities to check bank statements in the following way:
- Open the page https://ibank.bankmas.co.id/
- Click personal internet banking (for individual customers) or business internet banking (for corporate customers)
- Log in using your username and password
- Click the Informasi Rekening menu
- Click the Mutasi Rekening menu
- Select the bank statement period, then click Lanjut
- Check Account Movements via ATM
The third way to check bank statements is through an ATM. If coming to the nearest bank branch office is still too far from where you live, you can check your bank statement through an ATM. But checks for bank statements through ATMs are usually incomplete due to limitations in displaying the entire bank statement. Bank MAS customers can check bank statements at more than 90,000 ATM networks throughout Indonesia.
- Print Passbook
Printing the transaction history on the savings book is the last way to check bank statements and requires more effort. For this method, you must go to the nearest bank branch office and ask a teller or customer service to print the transaction history on your savings book.
That's a discussion of the complete bank statements that you can understand. To check bank statements more quickly, you can use internet banking and mobile banking features such as MAS Mobile.
Apart from checking account mutations, you can also use other features at MAS Mobile, such as opening a savings account online, scanning QRIS, e-wallet top-up, interbank transfers via BI FAST, buying cellphone credit and electricity tokens, and paying monthly bills such as electricity, PDAM, BPJS, and other bills. You can download the MAS Mobile application here!
