Proof of funds report · $5
Bank Statement as Proof of Funds, Without the Statement
When someone asks for a bank statement as proof of funds, what they want to know is how much money you have available. A statement answers that, but it also shows every purchase, payee, and transfer for the month. A proof of funds report answers just that question: your current balances, confirmed directly with your bank, with no transaction history.
No subscription · Credits never expire · Balances only, no transactions
How it works
1. Create a request
Request proof of funds from someone by email, or check “I’m showing my own funds” to do it yourself.
2. Connect the bank
The account holder connects their bank through Plaid. It’s read-only and their login is never shared.
3. Get the report
Current balances for each account and the totals, with the date and time they were checked with the bank.
What a bank statement reveals
A monthly statement is built for you, not for the person checking your funds. Sending one shares:
- Every purchase and where you shop
- Who you pay and who pays you, including rent, payroll, and transfers to family
- Your full account numbers on some statements
- Balances that may be several weeks old by the time they’re reviewed
Why recipients don’t fully trust statements
Statement PDFs are easy to edit, and fake statement templates are widely available online. Careful sellers, lenders, and landlords often call the bank or ask for more documents, which slows everything down. A report built from a direct bank connection avoids the problem, because there’s no document in between that could be changed.
What you share instead
Your proof of funds report lists each checking, savings, and investment account at the bank you connect, with the available and current balance, the totals, and the date and time the balances were checked with the bank. Account numbers are masked to the last four digits. Nothing about your spending is included.
When a statement is still required
Some lenders, immigration offices, and courts specifically require official statements or a letter on bank letterhead. Check what the recipient will accept before you send anything. If they need a bank letter, our free proof of funds letter generator prepares a draft your bank can sign.
Bank letter vs. bank statement vs. proof of funds report
| Comparison | Bank letter | Bank statement | Proof of funds report |
|---|---|---|---|
| How long it takes | Usually a day or two | Minutes, if it’s recent | Minutes |
| Shows your transactions | No | Yes, all of them | No |
| How current the balance is | Date of the letter | End of last statement period | When you connect |
| Can be edited before sending | Hard to fake | Easy to edit | No document to edit |
| What it takes | A request to your bank or a branch visit | Download from online banking | Connect your bank online |
| Cost | Depends on your bank | Free | $5 |
Need a letter on bank letterhead instead? Use our free proof of funds letter generator to prepare a draft for your bank.
Frequently asked questions
Is a bank statement good proof of funds?
It’s commonly accepted, but it shares far more than your balance and can be weeks out of date. A report of current balances confirmed with your bank shows the same answer with less exposure and a more recent date.
Can I black out transactions on my bank statement?
You can, but many recipients reject redacted statements because they can’t tell what was removed. A balances-only report avoids the problem because transactions were never included.
How do I get proof of funds without a bank statement?
Ask your bank for a proof of funds letter, or connect your bank and share a proof of funds report of your current balances. The report takes a few minutes and costs $5.
Does the report confirm the account holder’s name?
No. The name on the report is the name entered on the request, so recipients usually check it against your ID or application.
Which accounts are included?
Checking, savings, and investment accounts at the bank you connect. Credit cards and loans aren’t counted as available funds.
Get proof of funds in minutes
Current balances confirmed with the bank. $5 per report, no subscription.
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