All Countries
Corporate Governance
Account Statement Form

Account Statement Form Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Account Statement Form

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Account Statement Form

"I need an Account Statement Form template for our corporate banking division that supports digital signatures and automated transaction categorization, compliant with Philippine banking regulations and scheduled for implementation by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Account Statement Form is a fundamental banking document used in the Philippine financial sector to provide account holders with comprehensive information about their financial transactions and account status. This document is essential for maintaining transparency between financial institutions and their customers, as required by Philippine banking regulations and the Bangko Sentral ng Pilipinas (BSP) guidelines. The form must be generated periodically (typically monthly) and includes detailed transaction histories, balance information, and required disclosures. Account Statement Forms are critical for both personal and business banking relationships, serving as official records for tax purposes, audit trails, and financial planning. They must comply with several Philippine laws, including the General Banking Law of 2000, the Data Privacy Act of 2012, and various BSP circulars governing banking operations and consumer protection.
Suggested Sections

1. Account Information Header: Contains account holder's name, account number, statement period, and bank branch details

2. Account Summary: Overview showing opening balance, total credits, total debits, and closing balance for the period

3. Transaction Details: Chronological listing of all transactions with dates, descriptions, reference numbers, and amounts

4. Balance Information: Details of available balance, hold amounts, and pending transactions

5. Required Disclosures: Mandatory disclosures as per BSP regulations including interest rates and fees

6. Contact Information: Bank's contact details and customer service information

7. Important Notices: Standard notices about transaction reporting deadlines and dispute procedures

Optional Sections

1. Foreign Currency Transactions: Section showing foreign currency transactions and exchange rates, included when applicable

2. Interest Earned Summary: For interest-bearing accounts, showing interest calculation and amounts earned

3. Credit Card Summary: For statements including credit card information, showing credit limit, available credit, and minimum payment due

4. Electronic Transaction Summary: Detailed section for electronic/digital transactions, included for accounts with significant online activity

5. Investment Portfolio Summary: For accounts with investment components, showing investment positions and performance

6. Rewards Points/Miles Summary: For accounts with rewards programs, showing points earned and redeemed

Suggested Schedules

1. Fee Schedule: Detailed breakdown of all applicable fees and charges

2. Interest Rate Schedule: Current interest rates applicable to different account types and balance tiers

3. Transaction Codes Guide: Legend explaining all transaction codes used in the statement

4. Terms and Conditions Summary: Summary of key account terms and conditions referenced in the statement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Account Balance
Available Balance
Statement Period
Transaction Date
Posting Date
Value Date
Credit
Debit
Hold Amount
Pending Transaction
Electronic Fund Transfer
Interest Rate
Annual Percentage Rate (APR)
Average Daily Balance
Opening Balance
Closing Balance
Service Charge
Maintaining Balance
PhilPaSS
InstaPay
PESONet
Check Clearing
Over-the-Counter Transaction
ATM Transaction
Point of Sale (POS)
Foreign Exchange Rate
Withholding Tax
Documentary Stamp Tax
Reference Number
Account Number
Branch of Account
Previous Balance
Current Balance
Minimum Balance
Transaction Code
Overdraft
Returned Item
Stop Payment
Wire Transfer
Standing Instruction
Direct Debit
SWIFT Code
Relevant Industries

Banking

Financial Services

Insurance

Investment Management

Corporate Services

Retail Banking

Digital Banking

Wealth Management

Microfinance

Credit Unions

Rural Banking

Relevant Teams

Operations

Compliance

Customer Service

Legal

Information Technology

Risk Management

Internal Audit

Financial Reporting

Data Management

Treasury

Client Relations

Document Control

Relevant Roles

Bank Manager

Compliance Officer

Account Manager

Financial Controller

Customer Service Representative

Banking Operations Manager

Financial Reporting Analyst

Risk Management Officer

Internal Auditor

Legal Counsel

Data Privacy Officer

Treasury Manager

Relationship Manager

Banking Systems Administrator

Document Control Specialist

Industries
Republic Act No. 8791: The General Banking Law of 2000 - Provides the framework for banking operations in the Philippines, including requirements for account documentation and statement provision
Republic Act No. 10173: Data Privacy Act of 2012 - Ensures protection of personal information in account statements and regulates how financial information should be handled and disclosed
Republic Act No. 7394: Consumer Act of the Philippines - Provides for consumer protection including transparency in financial statements and disclosure requirements
Republic Act No. 8792: Electronic Commerce Act of 2000 - Governs electronic documents including digital account statements and their legal validity
Republic Act No. 9160: Anti-Money Laundering Act of 2001 - Requires specific documentation and reporting standards for financial transactions in account statements
BSP Circular No. 895: Guidelines on Consumer Protection - Bangko Sentral ng Pilipinas regulations on consumer protection in financial services including statement disclosure requirements
Republic Act No. 3765: Truth in Lending Act - Requires disclosure of financial charges and interest rates in account documentation
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Witness Statement Affidavit

A legally binding sworn statement document executed before a notary public in the Philippines, containing testimony about facts or events within the affiant's personal knowledge.

find out more

Student Statement Form

A Philippine-compliant document capturing student declarations, personal information, and acknowledgments for educational institution records.

find out more

Affidavit Of Name Discrepancy

A Philippine legal document sworn before a Notary Public that formally declares and explains variations in how a person's name appears in different official documents.

find out more

Statement Of Support Letter

A formal declaration of support commitment under Philippine law, outlining specific support provisions and terms between supporting and receiving parties.

find out more

Financial Statement Letter

A formal attestation document regarding financial statements or information, compliant with Philippine financial reporting standards and regulatory requirements.

find out more

Statement Form

A formal notarized declaration document under Philippine law containing factual assertions or testimonial evidence from a declarant.

find out more

Signature Agreement Statement

A Philippine-compliant agreement establishing the framework and requirements for legally binding electronic signatures under RA 8792.

find out more

Self Employment Statement Letter

A formal declaration document used in the Philippines to confirm an individual's self-employed status and compliance with local regulatory requirements.

find out more

Agreement Statement

A formal declaration of mutual understanding between parties under Philippine law, establishing agreed terms and conditions.

find out more

Retirement Statement Letter

A formal document issued under Philippine law that confirms an employee's retirement and outlines all associated benefits, obligations, and final settlements.

find out more

Privacy Statement And Consent Form

A dual-purpose document under Philippine law that outlines data processing practices and obtains explicit consent for personal data collection and use.

find out more

Non Disclosure Affidavit

A formal sworn statement under Philippine law declaring an individual's obligation to maintain confidentiality of specific information.

find out more

Employee Statement Form

A comprehensive form used in the Philippines for collecting and verifying essential employee information in compliance with local labor laws and regulations.

find out more

Statement Affidavit

A formal written declaration made under oath in the Philippines, containing sworn statements of facts or events, executed before a notary public and governed by Philippine law.

find out more

Privacy Consent Statement

A legal document for obtaining consent for personal data processing under Philippine privacy laws.

find out more

Consent Statement

A Philippine law-compliant consent statement for personal data collection and processing under the Data Privacy Act of 2012.

find out more

Confidentiality Agreement For Business Plan

A Philippine law-governed confidentiality agreement protecting business plan information and related confidential data between disclosing and receiving parties.

find out more

Statement Of Consent For Passport

A Philippine legal document providing formal authorization for passport issuance, typically for minors, compliant with RA 8239 and DFA regulations.

find out more

Police Witness Statement Form

A formal legal document used in the Philippines to record sworn witness testimonies for use in legal proceedings, taken by authorized law enforcement officers.

find out more

Conflict Of Interest Declaration Form For Employees

A Philippine-compliant declaration form for employees to disclose any actual or potential conflicts of interest in accordance with local regulations.

find out more

Affidavit Written Statement

A formal written declaration made under oath before a notary public in the Philippines, serving as legally binding sworn testimony.

find out more

Affidavit Of Statement Of Facts

A formal sworn statement of facts executed under Philippine law, containing detailed factual declarations authenticated by a notary public.

find out more

Statement Of Consent For Minor To Travel

A notarized legal document under Philippine law authorizing a minor to travel, with parental/guardian consent and essential travel details.

find out more

Affidavit Of Financial Declaration

A sworn statement under Philippine law declaring an individual's or entity's complete financial status, assets, and liabilities, typically used for official or legal purposes.

find out more

Statement Of Health Form For Employment

A Philippine-compliant health declaration form for employment purposes, collecting essential medical information while maintaining legal compliance with local privacy and labor laws.

find out more

Statement Of Financial Support Form

A notarized Philippine legal document declaring an individual's commitment to provide financial support to a beneficiary, typically used for immigration, education, or visa purposes.

find out more

Guarantor Statement Form

A Philippine law-compliant formal declaration where a guarantor commits to assuming responsibility for another party's financial obligations.

find out more

Salary Statement Form

A Philippine-compliant salary statement document detailing employee compensation, benefits, and mandatory deductions in accordance with local labor laws.

find out more

Financial Statement Affidavit

A sworn declaration of financial position compliant with Philippine law, typically used for official financial disclosures to authorities and institutions.

find out more

Declaration Of Confidentiality Form

A legally binding confidentiality agreement under Philippine law that protects sensitive information and establishes confidentiality obligations between parties.

find out more

Billing Statement Form

A Philippine-compliant document that details charges, fees, and payment obligations to customers, adhering to BIR requirements and local regulations.

find out more

Photo Consent Statement

A Philippine law-compliant consent form authorizing the capture and use of photographs, ensuring compliance with local data privacy and intellectual property regulations.

find out more

Account Statement Form

A Philippine-compliant financial document that records and summarizes account transactions and balances, meeting local banking regulations and customer information requirements.

find out more

Form For Parental Consent For Passport

A notarized legal document required under Philippine law where parents/guardians authorize passport issuance for their minor child.

find out more

Short Confidentiality Agreement

A streamlined confidentiality agreement under Philippine law for protecting confidential information in business relationships.

find out more

Employment Statement Letter

A formal document compliant with Philippine labor laws that outlines key employment terms and conditions between employer and employee.

find out more

Training Acknowledgement Statement

A Philippine-compliant document confirming an employee's completion of training programs and associated commitments, governed by local labor laws.

find out more

Acknowledgement Statement For Policy

A Philippine-law governed document confirming an individual's receipt, understanding, and agreement to comply with specific organizational policies.

find out more

Financial Affidavit

A notarized declaration of financial status under Philippine law, detailing assets, liabilities, and income for legal or official purposes.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.