Question: What is the difference between Previous and Stamped Statements?
Previous Statements: A formal reconciled statement with an opening and closing balance according to your statements cycle.
Stamped Statements: A statement with an official bank stamp. The transactions are listed from the date of request, and date back 3 or 6 months.
Question: What are the different statements typically used for?
Previous Statements:
1.Record keeping (available up to 2 years online)
2.Statutory purposes
-Tax submission
-Auditing of financial statements
-Proof of transaction when there is a dispute (incl legal dispute)
- Input into financial statements (contains all cleared outstanding card authorisations; and cheques)
Stamped Statements:
- To provide to a third party:
-As proof of income
-When applying for an account
- Check balance
- Check if someone has paid you before releasing goods
- Payment reconciliation
- Input into financial statements
![251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-1.png 251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-1.png](https://kfxpy69559.i.lithium.com/t5/image/serverpage/image-id/2547i089E301CCC09F6D1/image-size/large?v=1.0&px=999)
![251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-2.png 251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-2.png](https://kfxpy69559.i.lithium.com/t5/image/serverpage/image-id/2548iA34D7111C2BCD71D/image-size/large?v=1.0&px=999)
![251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-3.png 251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-3.png](https://kfxpy69559.i.lithium.com/t5/image/serverpage/image-id/2549i4184453914769AF9/image-size/large?v=1.0&px=999)
![251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-4.png 251019_Final_3 and 6 months Stamped Statement Screens for Personal and OBB (002) (1)[1]-4.png](https://kfxpy69559.i.lithium.com/t5/image/serverpage/image-id/2550i58EDAE236D30178B/image-size/large?v=1.0&px=999)