Bank statement printer

This article or the following section is not adequately provided with supporting documents ( e.g. individual evidence ). Information without sufficient evidence could be removed soon. Please help Wikipedia by researching the information and including good evidence.

A bank statement printer ( KAD ) is used for the automated creation of bank statements at the request of the customer. By having the customer pick up the statements, banks save themselves the central printing and distribution of statements. The use of bank statement printers instead of mail delivery usually has a positive effect on account management fees .

function

Bank statement printer

A bank statement printer (without additional function) usually consists of a commercially available computer to which a magnetic stripe reader and a printer unit and for customer communication with older models a single-line display or with newer devices a TFT flat screen monitor is connected, on which process instructions or, in the case of new devices, self-advertising is displayed can be.

After inserting the customer card and reading out the account information, the card is issued again and a request is sent to a print server in the bank's data center. This creates a print file from the information from the booking system and any special messages. The print file is sent back to the bank statement printer, which prints the bank statements and asks the customer to remove them. In the event of errors (e.g. no paper), the server is informed and the terminal is put out of operation, with a message being output on the display.

In the past, matrix printers were mainly used as printing units, but thermal printers are increasingly being built into newer models . The latter print on special, document-proof thermal paper that meets the documentation requirements (see below).

Extended use

In order to simplify communication with customers, banks tend to purchase self-service terminals that can not only print account statements, but also enable a dialogue with customers through a (color) display and, if necessary, keyboard or are integrated into ATMs .

Through functions such as For example, the direct capture of transfers by keyboard entry or a scanner for reading transfers creates added value that help the bank to save pro-rata personnel costs for services and ensure quick amortization of the device.

Security aspects

Account statements are tax-relevant data that must be kept for several years. That is why printing processes are usually used, the printouts of which can be read for at least ten years.

Bank statement printers usually do not check the identity of the operator, a PIN does not have to be entered because no booking-relevant data is generated. However, the risk of a bank statement in someone else's hand should not be underestimated (keyword: computer crime , identity theft , fraud ). B. a payment by direct debit can be initiated via the Internet . In addition, a fraudster sees the account balance on the statement and therefore knows whether fraud is worthwhile.

Due to a lack of networking between individual credit institutions, it is usually not possible to create an account statement with a third-party institution. Exceptions are e.g. For example, the savings banks , which have implemented a central statement network with the merger of the data centers, as well as some Volksbanks, where account statements can be printed across organizations.