Reading Your Bank Statement

Wishlist Share

About Course

Learn to read a UK bank statement with confidence: what each column means, how the balance is worked out, and how to tell direct debits, standing orders, card payments and transfers apart. You will also learn how overdraft charges work, how to spot errors or fraud, and how to use your statement to see where your money goes.

Tutwoo is an independent learning provider. This course gives general money-skills information, not financial advice, and is not an accredited qualification. Check your own bank’s terms and charges.

© 2026 Tutwoo UK Limited. This course was created in-house by Tutwoo and is our original work. It is for your own learning only: please do not copy, share, record or resell it.

What Will You Learn?

  • Read every part of a bank statement, from sort code to closing balance
  • Check a running balance with simple addition and subtraction
  • Tell direct debits, standing orders, card payments and transfers apart
  • Spot unfamiliar transactions and know what to do about them

Course Content

Course Lessons

  • What is on a bank statement?
  • Types of transaction
  • Overdrafts, charges and spotting problems
  • Using your statement to manage money

Sources & Further Reading
The official guidance this course is based on.

Final Assessment

Student Ratings & Reviews

No Review Yet
No Review Yet

Want to receive push notifications for all major on-site activities?

✕