The bar code can be scanned to pull up all the information on the statement. They do this to discourage people from altering information on the bank statement, perhaps to reflect a bigger balance or something.
What is the purpose for the bar coding on my bank statement? It's located near my address.?
Is it visible through the window on the envelope?
If yes, it is the USPS bar code which enables the letter to be sorted faster.
Reply:It is for the letter sorting machines at the post office to expedite the sorting process. If you want to know more about barcoding go to www.idautomation.com
Reply:Its a secret government program to keep track of your money.
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