Proof of balance
This is a statement on a Bankwest letterhead that shows the date your account was opened and your current balance at the time you request it for transaction or savings accounts. You might be asked for one to verify your account for various applications (like Centrelink).
Transaction summary
Also called an interim statement, you’ll be able to generate an up-to-date transaction history straight away for your transaction or savings account. This means you don’t have to look through old statements or wait for a new quarterly one to be issued – you can generate one instantly for the time period you want (up to 90 days) from anywhere up to a year in the past.
A proof of balance or transaction summary can come in handy for a number of things, like responding to government agency requests, loan applications or transaction disputes. Here’s some of the main ones:
If Centrelink have requested proof of your account details, you don’t need to spend time on the phone, in a queue or looking for old documents that may not meet the right needs. Download a proof of balance PDF instantly from the Bankwest App to avoid delays to your applications and payments.
If it’s tax time and you need an up-to-date transaction listing, don’t worry about sifting through your statements. You can generate a transaction summary through the Bankwest App and filter it by the date range you need (within a 90-day date range) anywhere up to a year in the past.
Applying for a loan or rental and need to show your savings history? Forget waiting for a new statement – easily download a transaction summary for the account you use for saving for the time frame requested in your application (up to a 90-day date range).
First thing’s first – download our app if you haven’t already so you can start making the most of our other handy features. Tell me more.
You can message us in the Bankwest App or online banking, or call us – we’re here 24/7.