diff --git a/spec/factories/bank_statement.rb b/spec/factories/bank_statement.rb
deleted file mode 100644
index fa4865496..000000000
--- a/spec/factories/bank_statement.rb
+++ /dev/null
@@ -1,11 +0,0 @@
-FactoryBot.define do
-  factory :bank_statement do
-    bank_code { '767' }
-    iban { 'EE557700771000598731' }
-    queried_at { Time.zone.now }
-
-    after :build do |bank_statement|
-      bank_statement.bank_transactions << FactoryBot.create_pair(:bank_transaction)
-    end
-  end
-end
diff --git a/spec/models/bank_statement_spec.rb b/spec/models/bank_statement_spec.rb
deleted file mode 100644
index d1d54d01f..000000000
--- a/spec/models/bank_statement_spec.rb
+++ /dev/null
@@ -1,81 +0,0 @@
-require 'rails_helper'
-
-describe BankStatement do
-  context 'with invalid attribute' do
-    before :all do
-      @bank_statement = BankStatement.new
-    end
-
-    it 'should not be valid' do
-      @bank_statement.valid?
-      @bank_statement.errors.full_messages.should match_array([
-        "Bank code is missing",
-        "Iban is missing"
-      ])
-    end
-
-    it 'should not have any versions' do
-      @bank_statement.versions.should == []
-    end
-  end
-
-  context 'with valid attributes' do
-    before do
-      @bank_statement = create(:bank_statement)
-    end
-
-    it 'should be valid' do
-      @bank_statement.valid?
-      @bank_statement.errors.full_messages.should match_array([])
-    end
-
-    it 'should be valid twice' do
-      @bank_statement = create(:bank_statement)
-      @bank_statement.valid?
-      @bank_statement.errors.full_messages.should match_array([])
-    end
-
-    it 'should not bind transactions with invalid match data' do
-      r = create(:registrar, reference_no: '1234')
-
-      create(:account, registrar: r, account_type: 'cash', balance: 0)
-
-      r.issue_prepayment_invoice(200, 'add some money')
-
-      bs = create(:bank_statement, bank_transactions: [
-        create(:bank_transaction, {
-          sum: 240.0, # with vat
-          reference_no: 'RF7086666662',
-          description: 'Invoice no. 1'
-        }),
-        create(:bank_transaction, {
-          sum: 240.0,
-          reference_no: '1234',
-          description: 'Invoice no. 4948934'
-        })
-      ])
-
-      bs.bank_transactions.count.should == 4
-
-      AccountActivity.count.should == 0
-      bs.bind_invoices
-
-      AccountActivity.count.should == 0
-
-      r.cash_account.balance.should == 0.0
-
-      bs.bank_transactions.unbinded.count.should == 4
-      bs.not_binded?.should == true
-    end
-
-    it 'should have one version' do
-      with_versioning do
-        @bank_statement.versions.should == []
-        @bank_statement.bank_code = 'new_code'
-        @bank_statement.save
-        @bank_statement.errors.full_messages.should match_array([])
-        @bank_statement.versions.size.should == 1
-      end
-    end
-  end
-end
diff --git a/test/fixtures/bank_statements.yml b/test/fixtures/bank_statements.yml
new file mode 100644
index 000000000..36ed23cf1
--- /dev/null
+++ b/test/fixtures/bank_statements.yml
@@ -0,0 +1,3 @@
+one:
+  bank_code: '1234'
+  iban: GB33BUKB20201555555555
\ No newline at end of file
diff --git a/test/models/bank_statement_test.rb b/test/models/bank_statement_test.rb
new file mode 100644
index 000000000..ff08a8bf8
--- /dev/null
+++ b/test/models/bank_statement_test.rb
@@ -0,0 +1,25 @@
+require 'test_helper'
+
+class BankStatementTest < ActiveSupport::TestCase
+  def test_valid_bank_statement_fixture_is_valid
+    assert valid_bank_statement.valid?, proc { valid_bank_statement.errors.full_messages }
+  end
+
+  def test_invalid_without_bank_code
+    bank_statement = valid_bank_statement
+    bank_statement.bank_code = ''
+    assert bank_statement.invalid?
+  end
+
+  def test_invalid_without_iban
+    bank_statement = valid_bank_statement
+    bank_statement.iban = ''
+    assert bank_statement.invalid?
+  end
+
+  private
+
+  def valid_bank_statement
+    bank_statements(:one)
+  end
+end
\ No newline at end of file