Why am I being asked to provide bank statements?
As part of your verification, the organisation that requested your Thirdfort check may ask you to provide bank statements. You can do this by connecting to your bank or uploading your statements as photos or digital files (PDFs). By law, when dealing with large amounts of money, solicitors and law firms have to understand where that money originates from. This helps stop fraud and prevents money laundering.
The Thirdfort Approach
Some companies ask for paper bank statements, which can be slow and time-consuming. Here at Thirdfort, we utilise government-backed Open Banking technology so that you have the option to provide your statements digitally, in minutes. We know this isn't for everyone, so if preferred, you can upload photos or digital files (PDFs). You can read more on how to do that here.
Thirdfort is regulated and authorised by the Financial Conduct Authority (FCA) – the same regulator as high-street banks - so you can feel secure in the knowledge that your financial data is treated with the utmost respect.
My bank is not listed
If your bank is not listed then unfortunately they do not currently support Open Banking in order to share your statements digitally.
If you have funds coming from multiple banks please link those banks that are available. Once all your tasks are complete you can then upload statements as PDFs or photos using the option to "Upload optional documents" for the unsupported bank.
My account is not listed
If your account is not listed then your bank has chosen not to make this account type available to share using Open Banking. This can vary from bank to bank which accounts types they allow to be shared using Open Banking.
If you have funds coming from multiple accounts please link those accounts that are available. Once all your tasks are complete you can then upload statements as PDFs or photos using the option to "Upload optional documents" for the unsupported bank.