TLDR: As part of your transaction, you may need to provide bank statements via Thirdfort for fund verification or fraud checks. You can share statements by signing into your online banking through Thirdfort, which only accesses read-only statements without seeing your login details. All accounts involved in the transaction must be included.
I've been asked to share my bank statements
As part of your transaction, you may be asked to provide bank statements via Thirdfort. The company that referred you to Thirdfort may need these to verify your funds or to check for any sign of suspicious activity.
What will I have to provide?
As part of the Share Bank Statement task, you'll be asked to provide bank statements for any account you are using in your transaction. For instance, if you have moved money from a current account into a savings account, both accounts would need to be included.
How does the task work?
If you use online banking, you'll have the option to select your bank, then sign into your bank to share a statement from your account. This allows you to share a statement without having to download one or print one off.
Thirdfort doesn't see any of your login details when you sign into your bank, and we only receive a read-only statement for the time period set by the organisation that requested your check. The statement generated is the same as if you had printed a statement and handed it to the company requesting your check.
While the bank connection screen may mention "ongoing access," we only perform a single retrieval to gather the statements required for your check. We do not monitor your account or access it again.
If you would like to revoke this permission after your task is complete, our support team can provide specific guidance on how to do so within your banking app.