Saved Files not Appearing in Finder

Dear Forum,

When i save files from a 'Save' dialog, in this instance now its from a downloaded bank statement, the save window shows the saved file, but going to finder, the file is not there.?!!?!

The file is not listed in 'recent' either.

Saving the file again, so invoking the save dialog, the save dialog shows the file in the place i placed it.

Files being saved are being saved in an icloud folder.

Any thoughts?