How To Get Bank Statements Translated And Certified
Bank Statements
Bank statements are among the most important documents to translate. They require the expertise of a professional translation service.
These are the five steps to getting your bank statements translated and certified. While it may sound like a lot of work, these five steps will help you understand how and why you need them.
First, we’ll start by explaining what bank statements are and why they matter to your immigration case. It promises to be an informative read. So, keep reading.
Step 1. Request Your Bank Statement
Getting bank statements translated and certified can seem overwhelming. When we speak of translating a document, that generally refers to translating the content from one language into another language.
Typically, translators will translate documents for clients who want their documents translated into a new language for reasons such as family immigration or international schooling purposes.
Generally, when you request your bank statement (a process also known as a translation service), the translation company will convert your local currency into their system currency so that the total is accurate (based on the current conversion rate).
They will then provide you with an unofficial or rough draft translation, which you should compare against the original in order to ensure accuracy before sending it off for final certification.
The same process applies to financial documents that need to be translated because banks only send them in English by default. You may have hundreds or thousands of bank statements over the course of many years, so getting them all translated can be very expensive if you were to do it yourself.
Step 2. Decide on a Translation Service to use
You will need a certified translator with translation expertise who is qualified in the language(s) of your documents. Professional translation services provide such translators as well as any legal, financial, or medical document translation requirements you may have.
Translation costs depend on the specific document (e.g., a death certificate can cost between $350 and $700). You should be aware that some documents will require special preparation (e.g., gathering additional information like official letterhead from certain organizations), which can increase the cost and time necessary for completion.
Another important consideration is whether the translation requires your country’s English or another language, as this can impact the speed of completion. Translators usually find these languages less common to read compared to their native tongue.
Step 3. Determine the Details of Translation Requests
As mentioned, each bank has its own particular details in the translation process. To determine how to translate your statement, check with your specific bank for the required steps on how it prefers that you provide an accurate translation.
But generally speaking, there are four types of translations: from the foreign language into English, from English into a foreign language, from one foreign language into another foreign language, and from one natural language (like Spanish) into another natural language (such as French).
In order to keep these translations accurate and truthful, a qualified translator will be needed. When someone’s word choice is not literal enough, or they leave out important details like numbers or dates – this can lead to inaccurate translations.
Step 4. Proofread and Sign the Documents
When you receive the translations, check the translation carefully, and if it is correct, then sign each page. Make sure that you check for formatting as well. If you find any mistakes during this process, contact your document translation service provider to fix them.
A bank statement might need a legal translation or a financial translation, depending on the type of account being used (e.g., checking account). It might also need an official financial translation or an exact financial translation, depending on how much money was in the account at the time of its closure.
In order to complete these types of requests, companies like Babblings will request certified bank statements from customers who need them translated and certified by a notary public in their state of residence before translating them into another language.
Step 5. Get Your Documents Notarized
Translations must be certified by a professional notary before they can be submitted as legal documents. The notary will ensure that the translations are accurate and not defaced in any way.
It’s important to provide your own copies of the original documents since they need to go back with the translation, so don’t trust a translator who has scanned them! The best thing you can do is have your translations certified by a trusted local bank or lawyer so you know they’re legitimate.
You may have your documents translated up front if you don’t need it certified for legal purposes, but this will cost more money because you’ll have to pay for two independent translation professionals instead of one.
Frequently Asked Questions
Luckily, there are many different places you can go for bank statement translation. You can try your bank – depending on the type of statement, and they may be able to provide an official, exact translation for you at no charge.
You’ll need your original document (birth certificate, marriage certificate, bank statement), an official translation, and a notarized translation. The translations are best performed by translators who have experience with official documents because they know the appropriate format.
It all depends on where you live. Some countries require translated and certified bank statements, while others accept them in the original language.
It depends on the currency conversion of your document. You can find that information on the website of your translation company.
First, choose a professional translation service that specializes in certified translations to translate and certify your bank statements. Provide them with the original documents, and they will translate and certify them. Ensure the service you select is recognized by the relevant authorities or institutions.