What Is a Statement of Account?
A statement of account is an official record that shows the financial activity in your KAST account during a specific period. It typically includes details such as deposits, withdrawals, purchases, fees, and your running balance.
Statements are useful for tracking your spending, verifying transactions, and providing documentation for audits, loan applications, or other financial requirements. They serve as a reliable snapshot of your account’s activity within the covered timeframe.
What Duration Does My Statement of Account Cover?
A statement is a summary of your account activity over a specific period. The "duration covered" refers to the start and end dates for which transactions and balances are reported.
Statement of account durations
- Monthly: Most statements cover one month at a time.
- Quarterly: Some statements summarize three months of activity.
- Custom Range: You can request a statement for a specific date range (e.g., the last 45 days).
Always check the header or summary section of your statement to see the exact dates included.
How Do I Request a KAST Statement of Account?
You can download a statement of account directly from the KAST app without contacting Concierge. Statements are available by month and can be exported as a PDF or CSV.
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Frequently Asked Questions
Can I get a statement for a custom duration?
Yes, KAST allows you to request statements for specific date ranges. Contact KAST Concierge if you need a custom duration.
How do I know the duration of my statement?
The statement will always list the start and end dates at the top of the document.
How often are statements generated?
KAST currently doesn’t auto-generate statements of account. They are generated on demand.
Is a statement of account the same as a receipt?
No, a statement of account is a summary of your account activity over time, while a receipt confirms a single transaction. Statements provide an overview, while receipts serve as proof of individual payments.
Can I download or print my statement?
Yes, your statement can be downloaded as a PDF from the email you’ll receive upon request. This makes it easy to keep a physical or digital record for your files.
Will my statement show pending transactions?
No, pending or unconfirmed transactions do not appear on your statement. Only completed transactions within the statement period are included.
Can I use my statement of account for official purposes like visa or loan applications?
Yes, statements are often accepted as proof of financial activity. However, make sure to check the specific requirements of the institution requesting the document.
What happens if I lose access to my past statements?
You can usually request older statements from our concierge team.
Do statements include my KAST loyalty points?
No, account statements only reflect financial transactions. Loyalty points and rewards may appear in a separate dashboard within your KAST app.
Can I request a statement in another language or currency?
In most cases, statements are generated in the default language and currency of your account. If you need a different format, contact the concierge team to check if this option is available.