Account Forms for Finance: Types, Templates, and More

Account forms for finance aren’t just paperwork—they’re essential tools that keep financial operations running smoothly. They’re backend essentials that make sure every detail is captured and organized with precision.

Now, with nearly 59% of financial institutions in the U.S. automating forms like account applications and loan agreements, managing finances has become more efficient than ever.

As financial institutions modernize, account form processing is evolving. Digital tools, including QR codes, are helping streamline the access and completion of finance account forms.

Now, let’s explore the different types of account forms and templates and how to create a simple finance account form with QR forms.

What are account forms for finance? 

Account forms for finance are basically the paperwork (or digital forms) that financial institutions use to collect important information from customers. Whether it’s for opening a new account, applying for credit, or updating account details, these forms help banks and other financial institutions process everything quickly and accurately.

For an account application form, you’ll usually fill in things like your name, date of birth, and contact details. You’ll also provide your bank account information, such as the account name, SWIFT/BIC code, and IBAN number. 

Some forms might ask for supporting documents, like a certified copy of your ID, to verify your identity. Finally, you’ll need to confirm that the details you’ve given are correct and agree to the terms and conditions of the account.

Types of account forms for finance

Account opening form

This form is the first step for anyone looking to set up a new account with a bank or financial institution. 

Whether it’s a savings, checking, or more specialized account, this form gathers all the necessary info to get things started in creating a financial account—one of the most common financial application examples in everyday banking.

Key fields included:

• Personal details (name, address, contact information)
• Identification details (government-issued ID, Social Security number, or tax ID)
• Type of account (savings, checking, joint, etc.)
• Initial deposit amount
• Beneficiary information (if applicable)

Account update form

If you need to update any details on your existing account—whether it’s a change of address, phone number, or email—this form will help you make those changes quickly.

Account closure form

When you decide to close an account, this form is used to officially request closure and take care of any remaining balances or transactions.

Credit card application form

This bank account application form is for those looking to apply for a new credit card. It helps the bank assess your eligibility and determine your credit limit based on your personal and financial details. 

The applicant’s personal and contact details should be included, along with the following information:

• Employment and income details
• Requested credit limit
• Consent for a credit check
• Signature for approval

Loan application form

If you want to take out a loan, the bank collects all the necessary info to process your application and assess your eligibility. This loan application form for banks includes the applicant’s personal details and these specific details:

• Loan amount and type (e.g., personal loan, mortgage, auto loan)
• Employment and income information
• Collateral (if applicable)
• Signature for approval

Investment application form

An investment application form is used to apply for an investment product. It collects the applicant’s personal details and confirms their understanding of the investment risks and terms. The form includes the general applicant details and these sections: 

• Investment amount and type (stocks, bonds, mutual funds)
• Risk tolerance (low, medium, high)
• Payment method for investment
• Acknowledgment of risks involved
• Signature for authorization

Other finance forms for requests

Purchase request form

If you need to buy goods or services for a business or organization, this form allows you to request approval before the purchase. It works the same way as a permit application form by requiring authorization beforehand.

Requisition and Issue Slip (RIS)

When materials or supplies are needed from inventory, this form allows employees to request and authorize the release of those items.

Expense reimbursement form

If you’ve paid out-of-pocket for business-related expenses, this form lets you claim those costs back from your company.

Transfer of funds form

This form allows you to transfer funds between accounts, either within the same institution or to an outside bank. If you prefer to pay with checking account, this form is a convenient option.

Standing order form

A standing order form lets you set up automatic, recurring payments from your account to a payee, like rent or subscription fees.

Credit limit increase form

Already a cardholder? If you need more spending power, this form allows you to request an increase in your credit limit.  The form may typically include the current credit limit and account details, the requested limit increase, and the reason for the increase. 

The form will also ask for updated income information and any supporting documents (such as pay stubs or tax returns), followed by the cardholder’s signature to confirm the request.

Broker accreditation request form

This form checks all the necessary qualifications for brokers seeking accreditation by a financial institution to ensure compliance with industry standards.

Benefits of using online financial forms in banking and finance institutions

Banking and finance can gain a lot from using digital forms. They improve security, user experience, and accuracy, making the process a lot easier for clients or customers.

Financial forms have become key tools in this industry, offering many uses. Here are some of the smart ways to use e-forms:

Easy new account sign-up

Gone are the days when people would fill out lengthy forms just to open a bank account. Over 72% of consumers today prefer to manage their accounts through smartphones. 

Recent data says that around 60% of US banks are planning to implement QR code operations—a trend driven by the rapid growth of QR-based mobile payments and the widespread use of smartphones for financial tasks.

By integrating digital account forms for finance, banks can allow clients to easily access, fill out, and submit forms using their own devices—no more long queues or physical paperwork. This not only streamlines the account opening process but also enhances convenience for customers.

Quicker loan application processing

Just like account opening, traditional loan applications and processing can be lengthy and time-consuming. However, with the rise of digital payments, this has shifted to a more efficient digital process. 

Financial institutions can take advantage of a QR forms to create loan application forms. Customers can simply scan the QR code to access the digital form, fill out needed details, upload required documents.

Streamlined financial statement requests

Financial theft in institutions has become increasingly common, especially when dealing with paper-based or physical financial statement requests.

When financial data is recorded and shared physically, sensitive information is exposed to everyone in the flow of handling, making transparency unavoidable—and risky. This also increases the chances of data breaches, as physical documents can be lost, stolen, or accessed by unauthorized individuals.

But with digital or online forms, sensitive financial data is better protected through online encryption. Only clients can access their information, and they can undergo identity verification for an added layer of privacy.

By submitting essential details like IDs, unique codes, or passwords, clients can securely access their bank statements and transactions. This process ensures that only the user on one end and the bank admins on the other have access, reducing the risk of data breaches and creating a secure and private experience.

Simplified feedback process

Banks, insurance companies, and other financial institutions should use QR codes for marketing and feedback purposes. Such marketing techniques can include creating a newspaper ad with a finance account form that links to your website, mobile application, or any other resource available on the Internet. 

QR codes can be used beyond retail feedback forms to collect valuable input from various stakeholders. Use a QR form generator to design feedback forms and encourage individuals to share their honest opinions through a simple scan.

Online forms offer banks and financial institutions a smarter way to collect feedback. Unlike traditional methods, digital forms make it easy to gather insights from customers and stakeholders quickly and efficiently.

Customers can access these forms anytime, anywhere, boosting response rates and ensuring feedback is collected in a consistent, easy-to-analyze format. Banks can also tailor forms to specific groups—like retail customers or business clients—to gather targeted insights.

This approach not only helps identify pain points and improve services but also strengthens customer relationships. Plus, with all feedback stored digitally, banks can easily organize and act on the data, saving time and reducing errors.

Improved customer care

Most banks still rely on email for customer support, and it gets the job done. But here’s the thing—online forms can take customer care to the next level. Instead of drafting an email and hoping you’ve included all the right details, customers can simply fill out a digital form. 

These forms are designed to guide them, making sure they provide everything the support team needs upfront—account info, issue descriptions, you name it. No more back-and-forth emails asking for missing details. It’s faster, smoother, and way less frustrating for everyone involved. 

Plus, it shows customers that the bank is all about efficiency and making their lives easier. Win-win, right?

Simplify financial services with digital forms

Financial institutions must adapt to technological changes to stay competitive and meet evolving customer expectations. One key way to do this is by improving the handling of account forms. 

Account forms for finance are important tools for simplifying the application process and enhancing overall service efficiency.

And, QR forms takes this a step further by making the process even faster, more secure, and user-friendly. With QR codes, customers can easily access, fill out, and submit their information, improving both efficiency and satisfaction.