| | Banking : Statements | 
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Periodically each customer at a bank will recieve a statement which lists the transactions (payments and receipts) that have occurred on his account. A statement is usually printed for each customer every month, 3 months or year and then posted to him. A statement will list all of the transactions that have occured on the customer's account since the last statement was produced.
The information that is included on a statement is :
1.
| The name and address of the customer.
| 2.
| The customer's account number.
| 3.
| The start and end date of the period that the statement covers.
| 4.
| A list of transactions that have taken place in the time period covered by the statement,
sorted by date.
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Statements are generated from a bank's accounts database. Every day a query is used to select the accounts that need to have statements printed. Then, for each account which requires a statement another query is used to select the transactions that have occurred on the account since the last statement was printed. The gathered information is put together into pages as a report.
A large bank may have to print one million statements every day, so it is important that each statement is printed very quickly. Therefore statements are printed on very fast laser printers. The printed pages are folded by machine and put into envelopes. Envelopes with clear windows are used so that the address printed on the top of the statement can be seen through the envelope.
GCSE ICT Companion 04 - (C) P Meakin 2004