Bank Statements

Most of the lenders on our panel require 3 months of bank statements to finalise your application. We use to securely and instantly transfer your bank statements online, and save you the hassle of having to go to your bank to request the statments manually.

All data has 256-bit bank grade encryption, secured with 2048-bit keys.

Bank Statements FAQ

Why do I need to provide bank statements?

Most of the lenders on our panel require you to submit 3 months of bank statements before they will approve you for a loan. This is also a core aspect of us meeting our own responsible lending obligations.

Some of the things your bank statements will show are your income, that you are regularly paid wages, other loan repayments and your expenses. These factors help determine that you can afford to pay back the loan.

What is is a bank integration provided by illion Open Data Solutions. illion is a trusted financial data platform used by many of Australia’s largest financial institutions.

illion takes your data security seriously, and never stores your online banking credentials.

Why would I use this?

Online bank statement transfer allows lenders to rapidly verify your income and expenses, helping them assess your loan application and get you a decision faster.

It also saves you the hassle of having to contact your bank separately.

Do I have to use

Absolutely not.

This is a free service designed to make your life easier, but there is no obligation to use it. You can always provide us your bank statements the good old fashion way, but requesting them from your financial institution directly.