Bank statement translation greatly helps in facilitating dealings between individuals and companies, especially in the world of finance and business, as it reflects official details about financial transactions over a specific period, such as deposits, withdrawals, fees, and more. Translating a bank statement requires utmost accuracy and knowledge of financial terminology and the local laws of both the source and target language countries to make correct financial decisions and avoid misunderstandings. Therefore, it is necessary to rely on a company with extensive experience in the translation field, such as Alsun.
Bank statement translation services
We provide bank statement translation services in addition to translating financial data, securities and stock exchange filings, financial reports, tax reports, financial contracts, invoices, trust receipts, syndicated finance reports, cash flow statements, and public budgets and bank guarantees.
Translation at Alsun is characterized by great accuracy because any slight change in financial details can expose you to legal liability and cause a lack of trust between the dealing parties. Financial transactions are also among the most significant dealings that require great confidentiality, so we are keen to respect client privacy and not transfer any data.
Why is Certified Translation of Bank Statements Important?
Certified translation greatly facilitates dealings with governmental and official bodies and increases trust between the client and the entity being dealt with. This greatly facilitates obtaining visas for many countries and further simplifies foreign commercial transactions.
Certified bank statement translation services greatly help in resolving many financial disputes involving parties from foreign countries. Judicial authorities can review them and see the financial transactions transparently, which leads to resolving disputes faster.
When Do You Need to Translate your Bank Statement?
We need bank statement translation services for many purposes, the most vital of which are:
- Many international business operations to facilitate transactions or to ensure compliance with local regulations.
- Immigration or visa applications to prove the financial stability of individuals applying for immigration.
- A bank statement may be requested by some educational or employment institutions for granting a scholarship or a job.
- Some legal procedures require the submission of a bank statement to provide financial evidence to support a case.
Certified vs. Notarized vs. Sworn vs. Apostille — What’s needed in Egypt?
Certified translation
Certified translation is an accurate translation by a translation company accredited by governmental and international bodies, and the company’s seal is placed to increase credibility. Sworn translation is a translation performed by sworn translators officially recognized by governmental or legal authorities.
Notarized translation
Notarized translation is a translation that is attested after the translation process is completed by governmental bodies.
An apostilled translation
An apostilled translation is an internationally certified translation to be recognized in other countries. Without an apostille seal, your translation may be legally recognized in your country but may not be recognized in some other countries.
Certified translation is the most needed in Egypt for embassies, government bodies, the Ministry of Justice, etc. It can also be officially notarized at a government entity after translation.
What You Must Provide to Translate Your Bank Statement?
The original bank statement must be provided. In some cases, other documents may be requested, such as a copy of the national ID card or passport, and an official letter from the entity requesting the translation, such as a university, employer, or embassy, along with the bank’s contact details in case the translation office needs to verify some information.
Find the Best Financial Statement Translation Services
Certified Translation Center for Graduate Certificates and Master’s Degrees
What do we check when translating bank statements?
When performing a certified translation bank statement, some personal information of the account holder is checked, such as the name, national ID number, occupation, and qualification. All information about the bank that issued the bank statement, such as the bank’s name and address, is also verified. Banking data such as the opening balance, deposit, transfer, and withdrawal movements must also be reviewed.
How Our Bank Statement Translation Process Works?
Our bank statement translation is carried out through the following steps as part of our professional financial translation services at Alsun. We ensure that every figure and detail is translated accurately and formatted properly to meet the requirements of official authorities and financial institutions.
- The bank statement to be translated and other documents, if requested, are received.
- Our team agrees on the translation price, delivery time, and the required language pair.
- The document to be translated is assigned to a translator specialized in the financial field and the language pair.
- All items in the bank statement are translated with great accuracy, reviewing personal and banking information.
- The review team checks the document after translation to ensure it is free from any errors, with the help of CAT tools.
- The company’s seal and the translator’s seal are then placed on the final document to increase credibility.
- The document is delivered to the client at the agreed-upon time, and any modifications can be made if requested.
Online Bank Statement Translation Services by Alsun
Bank statement translation online is one of the most professional services provided by Alsun Translation office. Our services are not limited to visiting the office; you can send the document to be translated online either via WhatsApp or the company’s email, and it will be translated in the shortest possible time. We are committed to providing excellent customer service, enabling clients to save time and effort through our online translation services.
How much does it cost to translate bank statement?
The cost starts from 175 EGP for every 200 words, but many factors affect the total cost of bank statement translation, including the required language pair, the document’s delivery time, and the translation office’s experience and accuracy.
How we ensure confidentiality & security?
Any certified bank statement translation requires great confidentiality during the translation process to ensure security and that no information, whether personal or banking, is transferred to any other party. Therefore, a specialized office that maintains the confidentiality and privacy of all clients’ data must be consulted. Alsun is the ideal choice you can rely on because it adheres to all non-disclosure standards and is keen on client data privacy.
Certified Bank Statement Translation in Multiple Languages
We can accurately translate bank statements to and from more than 75 languages around the world to meet the needs of all clients. Among the most common languages we offer are:
Who Is Qualified to Translate Financial Documents and Bank Statements?
A translator with extensive experience in the financial and legal fields who is capable of understanding specialized financial terminology and is proficient in both the source and target languages must be chosen. They should also be well-read, cultured, and capable of analysis and research. These specifications fully apply to the team of translators at Alsun, as the company selects its translators with great care after they undergo many advanced tests to ensure competence and reliability.
Conclusion
Bank statement translation requires utmost accuracy and high expertise during translation. However, with the multiplicity of translation companies, there are many that do not have sufficient experience. Therefore, when choosing a certified translation company with extensive experience like Alsun must be sought, ensuring the confidentiality and privacy of all clients’ data and translating documents with high efficiency. Contact Alsun Translation office now and get professional translation services for bank statements.
Frequently Asked Questions
What is a certified translated transcript?
It is an academic document that has been translated by a certified company specialized in the translation field, which ensures high accuracy and credibility and ease of dealing with many authorities.
How much does it cost to translate a transcript?
There are many factors that affect the cost of translating a transcript, the most important of which are the number of words, the required language pair, and the size of the document to be translated. However, at Alsun, we offer excellent prices.
How long does it take to translate a bank statement with Alsun?
The translation process usually takes 24 to 48 hours, but if the client needs urgent translation, it takes less time.
Does Alsun Translation provide certified translations accepted by embassies?
Yes, Alsun is an accredited and recognized office by embassies and many other government bodies.
Can I order the translation online?
Yes, Alsun provides translation services via the internet through correspondence via email or WhatsApp.
