Guarantee Your File Security: Redact a Bank Statement Safely
Is it safe to share a full bank statement with all your personal information with others?
If a landlord requests your bank statement as part of the rental application, is it reasonable to redact some sensitive details that appear on the statement?
If a company wants proof of address, is it okay to redact a bank statement, leaving only your name and address?
Assuming you are asked to provide a bank statement for any particular reason, what personal information should you cross out?
Have you ever been stumped by the above questions and desperately longed for an answer? Well, this post is just for you. All your puzzles will be dispelled here, and you can also know how to get a redacted bank statement in PDF format.
A bank statement is a document that records your financial activities in an account during a specific period of time. Such a document typically contains lots of sensitive information, like account number, social security number, full address, transaction details and some personal identifiers. Therefore, it is not safe to share a full bank statement with someone else, which could pose a potential risk of identify theft and privacy leaks.
Redacting a bank statement is an effective way to get around this. It permanently blocks out or hides confidential data in a bank statement. No matter you are sending your bank statement to a landlord for rental application or to a company as proof of address, it is necessary and useful to redact the document and leave only what they specifically need.
Here is an example of a redacted bank statement.
A part of users are worried about whether redacting a bank statement is a legal action, take it easy. Provided that you are not purposely trying to deceive or hide the necessary information required under a certain circumstance, it is legal to redact sensitive information before sharing your bank statement with others.
Since the original intent of redacting a bank statement is to protect privacy, one of the most crucial factors when choosing a redaction tool is its security and trustworthiness. Otherwise, information leaks will still occur.
Offline applications are much more reliable than online services. They require no Internet connection to run the program and don’t upload the imported PDF into 3rd-party service. Taking users’ reviews and our real testing into the consideration, here we recommend a credible PDF redaction tool called Cisdem PDFMaster for you.
The software has been released and in continuous upgrading for many years. It is committed to bringing convenience to users when dealing with PDF documents and guarantees the file security. Utilizing Cisdem PDFMaster, you can redact a bank statement with a white, black or any other customized color. Also, you can repeat the same redaction mark across odd, even or custom page ranges.
In addition to creating a redacted bank statement, Cisdem PDFMaster still provides users with other feasible ways to protect your bank statement:
The pro version of Adobe Acrobat is also a good option to redact a bank statement, ignoring its highly expensive subscription fee. It is an all-embracing PDF editor that contains a wealth of useful PDF tools. You can edit and redact the existing text and images, annotate and comment a PDF, compare two similar PDF files, convert PDF to various file formats, etc. Undoubtedly, it would be a boon for your workflow.
As stated in the beginning, online solutions are less secure than offline software, especially when you are going to import your bank statement. If you still want to use the online method, you'd better choose a relatively reliable online tool.
Here we picked AvePDF, which applies several levels of encryption to protect your documents from being accessed by others. Besides, all imported files will be automatically deleted from the online service after 30 minutes even if you forgot to remove them manually.
This online tool provides free services, but you have only 2 actions for free. For unlimited access, you have to pay for its premium version.
Identity security is an increasingly important issue in the information age, and bank statements usually contain a lot of private information. When sharing them with others, it is critical to be security conscious and properly protect your files. All of the above 3 methods can help you redact your bank statements effortlessly, and you can choose the way you like according to your preferences and budget.
Rosa has worked in Mac software industry for more than eight years. She believes that the purpose of software is to make life better and work more productively. In addition to writing, Rosa is also an avid runner.