Older or younger than 3 months old? [closed]

The below is an excerpt of a document requirement for a UK visa:

a bank statement dated no more than three months earlier than the date of application showing transactions relating to [...]

We're having trouble to agree whether this means older than 3 months or the exact opposite.

What exactly does this mean?

Older than 3 months old? Or the opposite?

Following @BoldBen suggestion, I divided this into parts:

|
| earlier than 3 months before
| more than 3 months earlier
------- 3 months before date of application, 3 months earlier
|
| earlier
| no more than 3 months earlier
------- date of application
| after date of application
|
| future

Lines are from past to future.

The 2 key dates:

• date of application
• exactly 3 months before date application

Then I placed expressions that I knew I understood in the timeline until I was able to get to an expression matching the original text.