BGV

BANK STATEMENT CHECKS

Bank Statement Checks

verifacts

A candidate’s financial profile often reveals far more than what is mentioned in a resume or during an interview. A Bank Statement Verification offers a clear, reliable, and unbiased view of an individual’s financial transactions, income patterns, and salary history. For employers, it serves as one of the most dependable tools to validate employment claims, detect inconsistencies, and ensure complete transparency before onboarding a new employee.

At Verifacts Services Pvt. Ltd., we provide a detailed, accurate, and compliance-driven Bank Statement Verification service that helps organizations make informed hiring decisions with confidence.


Why Bank Statement Verification Matters for Hiring

A quick review of a candidate’s bank statement can provide crucial insights that support the hiring process in several ways:

✔ Verification of Salary Credits

Confirms the actual amount credited as salary, ensuring the candidate’s claimed CTC and monthly income are accurate.

✔ Validation of Last Employer

Salary deposits act as proof of employment with the previous organization.

✔ Address Confirmation

Bank statements often include the candidate’s registered address, helping cross-check residence information.

✔ Reliable Financial Records

The statement offers a documented track record of financial activities, reducing the chances of fraud or misrepresentation.

✔ Insight into Financial Stability

A stable banking pattern may reflect financial responsibility—an added assurance for certain job roles.

The Verifacts Bank Statement Check – Detailed, Secure & Reliable

Our verification process is designed to deliver maximum accuracy and insights while maintaining the highest standards of confidentiality and security.

Our Bank Statement Verification includes:

1. Salary Credit Authentication

We validate the salary entries to ensure the consistency and legitimacy of compensation details.

2. Employer Name Verification

Salary narration details are checked to confirm the candidate’s previous employer and employment timeline.

3. Address Verification

The registered bank address is cross verified with the address provided by the candidate.

4. Detection of Irregularities or Suspicious Activity

Inconsistencies, unusual transaction patterns, or suspicious entries are highlighted for further review.

5. Analysis of Bank Stability Patterns

A broader evaluation of account activity helps assess financial responsibility, useful for roles involving financial handling.

6. Authentication Using Secure Digital Tools

Where applicable, bank statements are verified through trusted digital channels to prevent fraud.

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verifacts
Verifacts is a highly trusted, global facing , Background Verification firm. We persevere to reduce the unknown and mitigate risks for our clients.

Verifacts Services Pvt Ltd.

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