---
title: "Account statements for business accounts"
description: "Learn about the requirements for account statements that you present to your users for business accounts."
url: "https://docs.adyen.com/business-accounts/compliance-guidelines/account-statements"
source_url: "https://docs.adyen.com/business-accounts/compliance-guidelines/account-statements.md"
canonical: "https://docs.adyen.com/business-accounts/compliance-guidelines/account-statements"
last_modified: "2023-12-12T12:09:00+01:00"
language: "en"
---

# Account statements for business accounts

Learn about the requirements for account statements that you present to your users for business accounts.

[View source](/business-accounts/compliance-guidelines/account-statements.md)

The information in this page does **not** constitute legal advice. It only provides an overview of Adyen's compliance guidelines for financial products and Adyen for Platforms (referred to as the Compliance Guidelines). For additional, non-legal clarifications about this content, reach out to your Adyen contact.

When offering business accounts or issuing cards to your users, you need to provide them with account statements. Providing account statements allows users to periodically check their transaction history. In these account statements, you must include the data provided by Adyen through its APIs. This data must remain **unchanged**, and your account statement template must be approved by Adyen.

The requirements for account statements differ depending on the country or region and the specific product involved.

## Adyen Bank Accounts (EU & US)

**Items in bold** are not provided through Adyen's APIs and must be provided by the platform.

* Bank Information

  * The EU countries:

    * Bank name: Adyen N.V.
    * Bank Address: Simon Carmiggeltstraat 6, 1011DJ, Amsterdam
    * Bank Website: [www.adyen.com](http://www.adyen.com)
    * Statement that Adyen N.V. is the financial institution issuing the bank account.

  * The US:

    * Bank name: SF Branch contact information
    * Bank Address: 505 Brannan St, San Francisco, CA, 94107, United States
    * Bank Website: [www.adyen.com](http://www.adyen.com)
    * Statement that the SF Branch is the financial institution issuing the bank account.

* **Platform Information**

  * **Platform name**
  * **Platform Support service number and email**
  * **Platform Website**
  * **Platform contact information for inquiries and customer support**

* Account type: Business Bank Account

* Account holder details:

  * Name: Legal Entity name, Doing Business As (DBA) name, as defined in the Legal Entity or Legal Arrangement Screening Procedure
  * Address: as defined in the Legal Entity or Legal Arrangement Screening Procedure

* Account Details:

  * Account type: Checking Account (consistent with openAPI specification)
  * Account number: last four digits
  * Currency code(s): EUR, USD
  * IBAN (EU)
  * BIC (EU)

* Period of Statement - by date and number of days in statement cycle -(for example, Oct 1, 2024 - October 31, 2024).

* Account Balance:

  * Begin Balance
  * End Balance

* Transaction data: Provide the amount, date, transaction type (ACH, IAT, debit, wire transfer, withdrawal), name of payer/payee and balance after each:

  * Every debit or withdrawal during the time period
  * Every credit/deposit during the time period
  * Every fee assessed

* Total debits/withdrawals during the time period

* Total credits/deposits during the time period

* For interest-bearing accounts: Annual Percentage Yield Earned (APYE), Statement cycle number of days, dollar amount of interest earned in the statement cycle

* Reference to Depositor Information Sheet (EU)

* Bank disclosures, as detailed in Adyen’s Disclosure and Consent Procedure;

  * For EU: Deposit Guarantee Scheme (“DGS”)\
    *“In the EU, Adyen N.V. is registered with the Dutch deposit guarantee scheme register and eligible funds up to EUR 100,000 are legally protected by the Dutch deposit guarantee scheme.”*

  * For US: FDIC insurance\
    *“Adyen Business Bank Accounts in the U.S. are not insured by the FDIC and are not guaranteed by the Federal Government. If Adyen places deposits in a cash sweep program utilizing FDIC-insured depository institutions, such deposits may be covered by FDIC insurance up to applicable limits in accordance with the FDIC rules, including those relevant to the aggregation of multiple accounts."*

## Adyen Business Accounts (UK)

* Payment Service Provider (PSP) Information

  * PSP name: Adyen N.V.
  * PSP Address: 12-13 Wells Mews, London W1T 3HE
  * PSP Website: [www.adyen.com](http://www.adyen.com)
  * Statement that Adyen N.V. is the financial institution issuing the business account.

* **Platform Information**

  * **Platform name**
  * **Platform Support service number/email**
  * **Platform Website**
  * **Platform contact information for inquiries and customer support**

* Account type: Business Account

* Account holder details:

  * Name: Legal Entity name, Doing Business As (DBA) name, as defined in the Legal Entity or Legal Arrangement Screening Procedure
  * Address: as defined in the Legal Entity or Legal Arrangement Screening Procedure

* Account Details:

  * Account type: E-money Account
  * Account number: last four digits
  * Currency code(s): GBP, EUR

* Period of Statement - by date and number of days in statement cycle. For example, Oct 1, 2024 - October 31, 2024.

* Account Balance:

  * Begin Balance
  * End Balance

* Transaction data: Provide the amount, date, transaction type (debit, wire transfer, withdrawal), name of payor/payee and balance after each:

  * Every debit or withdrawal during the time period
  * Every credit/deposit during the time period
  * Every fee assessed

* Total debits/withdrawals during the time period

* Total credits/deposits during the time period

* PSP disclosures, as detailed in Adyen’s Disclosure and Consent Procedure

  Disclosure for the Financial Services Compensation Scheme is not required. This is not applicable to UK Business Accounts as this information is already confirmed by the account holder when onboarding.

## Adyen Issuing

Before issuing cards to its users, platforms must submit a sample account statement to Adyen for review. The account statement must include the following information:

* Card Issuer Information

  * Card Issuer name: Adyen N.V. (For US: San Francisco Branch)
  * Card Issuer Address:
  * Card Issuer Website: [www.adyen.com](http://www.adyen.com)
  * Statement that Adyen N.V. (For US: San Francisco Branch) is the financial institution issuing the cards and related account(s).\*\*

* **Platform Information**

  * **Platform name**
  * **Platform Support service number/email**
  * **Platform Website**

* Account holder Details:

  * Name: Legal Entity name, Doing Business As (DBA) name, as defined in the Legal Entity- or, Legal Arrangement Screening Procedure
  * Address: as defined in the Legal Entity or Legal Arrangement Screening Procedure

* Account Details:

  * Account type:

    1. Prepaid program:

       1. E-money Account (EU/UK);
       2. General Use Reloadable Prepaid Card (US)

    2. Debit program:

       1. Deposit Account (EU)
       2. E-money Account (UK)
       3. Demand Deposit Account

    3. Credit Program:
       1. Charge Card Account (EU, UK, US)

  * Card number: last four digits (PAN)

  * Currency code(s): EUR, USD, GBP

* Period of Statement - by date and number of days in statement cycle. For example, Oct 1, 2024 - October 31, 2024.

* Account Balance:

  * Begin Balance
  * End Balance

* Transaction data: Provide the amount, date, transaction type (debit, wire transfer, withdrawal), name of payor/payee and balance after each:

  * Every debit or withdrawal during the time period
  * Every credit/deposit during the time period
  * Every fee assessed

* Total debits/withdrawals during the time period

* Total credits/deposits during the time period

For EU, downloadable statements are not required if all of the above information is displayed in the user interface. For UK, it must be possible for the user to download a statement containing the above information in a PDF or another durable format.

## Required data

The following table shows the data that you must include in account statements for business accounts. You can get most of this data through Adyen's APIs. Any data that you get from Adyen's APIs must remain unchanged.

| Required information                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Required for EU                                                                             | Required for US                                                                             | Required for UK                                                                             |
| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------- |
| Information about the financial institution:- Name: Adyen N.V.

- Address: Simon Carmiggeltstraat 6, 1011DJ, Amsterdam

- Website: [www.adyen.com](https://www.adyen.com/)

- Statement that Adyen N.V. is the financial institution issuing the business account.                                                                                                                                                                                                                                | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Information about the financial institution:- Name: Adyen N.V. San Francisco branch

- Address: 505 Brannan Street, San Francisco, CA 94107

- Website: [www.adyen.com](https://www.adyen.com/)

- Statement that Adyen N.V. San Francisco branch is the financial institution issuing the business account.                                                                                                                                                                                      |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |
| Information about the payment service provider (PSP):- PSP name: Adyen N.V. London branch

- PSP address: 12-13 Wells Mews, London W1T 3HE

- PSP website: [www.adyen.com](https://www.adyen.com/)

- Statement that Adyen N.V. London branch is the financial institution issuing the business account.                                                                                                                                                                                          |                                                                                             |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| **Not provided by Adyen's APIs** Information about your platform:- Name of your platform

- Website of platform

- Your platform's contact information and customer support lines.                                                                                                                                                                                                                                                                                                                | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Account type: Business bank account                                                                                                                                                                                                                                                                                                                                                                                                                                                               | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |
| Account type: Business account                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                                                                             |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Account holder details:- Name as defined in the Legal Entity or Legal Arrangement Screening Procedure. If applicable, use the following format:

  * \[Name of your legal entity], Doing Business As \[Name of your platform]

- Address as defined in the Legal Entity or Legal Arrangement Screening Procedure                                                                                                                                                                                  | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Account details:- Account type: Checking account

- Account number: the last four digits

- Currency code: EUR

- IBAN

- BIC                                                                                                                                                                                                                                                                                                                                                                     | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |                                                                                             |
| Account details:- Account type: Checking account

- Account number: the last four digits

- Currency code: USD                                                                                                                                                                                                                                                                                                                                                                                    |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |
| Account details:- Account type: E-money account

- Account number: the last four digits

- Currency code: GBP, EUR                                                                                                                                                                                                                                                                                                                                                                                |                                                                                             |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| The period of the statement, specifying the date of the beginning and the end of the period. For example: October 1, 2024 - October 31, 2024                                                                                                                                                                                                                                                                                                                                                      | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| The account balance, specifying the balance at the beginning and the end of the period of the statement.                                                                                                                                                                                                                                                                                                                                                                                          | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Transaction data for every transaction within the period of the statement:- Amount

- Date

- Transaction type

- Name of the payer or payee

- Balance after the transaction

- Any fees that Adyen charges your users for a specific transaction. For example: currency conversion fees.                                                                                                                                                                                                        | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Total debits or withdrawals during the period of the statement.                                                                                                                                                                                                                                                                                                                                                                                                                                   | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| Total credits or deposits during the period of the statement.                                                                                                                                                                                                                                                                                                                                                                                                                                     | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |
| For interest-bearing accounts, include:- The Annual Percentage Yield Earned (APYE)

- The number of days in the period of the statement

- The amount of interest earned in the period of the statement. This amount must be specified in the currency of the account.

- Name of the payer or payee

- Balance after the transaction                                                                                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |
| A reference to the [Depositor Information Sheet](/business-accounts/compliance-financial-products/user-interface#depositor-info-sheet).                                                                                                                                                                                                                                                                                                                                                           | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |                                                                                             |
| Provide the disclosure for the **Deposit Guarantee Scheme (DGS)**: > In the EU, Adyen N.V. is registered with the Dutch deposit guarantee scheme register and eligible funds up to EUR 100,000 are legally protected by the Dutch deposit guarantee scheme.                                                                                                                                                                                                                                       | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |                                                                                             |
| Disclose that the account is not FDIC insured, using the approved statement below: > Adyen Business Bank Accounts in the United States are not insured by the FDIC and are not guaranteed by the Federal Government. If Adyen places deposits in a cash sweep program utilizing FDIC-insured depository institutions, such deposits may be covered by FDIC insurance up to applicable limits in accordance with the FDIC rules, including those relevant to the aggregation of multiple accounts. |                                                                                             | ![-white\_check\_mark-](/user/data/smileys/emoji/white_check_mark.png "-white_check_mark-") |                                                                                             |

## Review by Adyen

After you have created a template for your account statements, you must submit it to Adyen for review and approval.
