Account we hear bona fide banks cited (7)
I believe the answer is:
recital
'account' is the definition.
(I know that Recital is a type of account)
'bona fide banks cited' is the wordplay.
'bona fide' becomes 'real' (I've seen this in other clues).
'banks' indicates putting letters inside (bank can mean to surround or border).
'cited' becomes 'cit' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'real' placed around 'cit' is 'RECITAL'.
'we hear' acts as a link.
This may not be right. Some or all of it may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for recital that I've seen before include "Performance of music by soloist" , "Performance, usually musical" , "Maybe solo musical performance" , "statement of facts" , "Concert performance" .)