Bank Statements
A Simple Way to Send Us the Bank Statements We Need
When bank statements are required for your finance application, OCEAN Lending gives you the option of using BankStatements.com.au to retrieve and send the selected statements directly to us.
Making Applications Easier
Getting the Right Statements Can Be More Complicated Than It Should Be
Different lenders can require statements for different accounts and different time periods. Manually downloading the correct PDFs can sometimes mean several logins, multiple files and a bit of document chasing.
BankStatements.com.au provides an alternative way to retrieve the selected financial information required for your application and send it directly to OCEAN Lending.
This can help us receive the information in a consistent format and reduce the likelihood of needing to come back to you for missing statement periods.
How It Works
Three Simple Steps
Open the Secure Service
Use the OCEAN Lending BankStatements.com.au link to start the process.
Select Your Accounts
Follow the BankStatements.com.au instructions and authorise the accounts and information required for your application.
Statements Are Sent to Us
Once completed, the selected bank statement information is delivered directly to OCEAN Lending for use in your finance application.
About the Service
BankStatements.com.au Is a Third-Party Service Provided by illion
The service is provided by illion Open Data Solutions Pty Ltd trading as BankStatements.com.au. It is separate from OCEAN Lending and is not a service provided or authorised by your bank.
BankStatements.com.au states that its one-time retrieval service uses encrypted connections, that credentials used for the retrieval are not stored and are discarded after the connection is made, and that the service operates on a read-only basis.
Good to Know
Understand the Service Before You Use It
Your Authorisation
BankStatements.com.au can only retrieve the account information you authorise as part of the process.
Online Banking Credentials
The service may require your online banking credentials to retrieve the selected information. BankStatements.com.au states that credentials used for a one-time retrieval are destroyed after use.
Check Your Bank’s Terms
BankStatements.com.au recommends reviewing your internet banking terms, as providing credentials to a third party may affect your rights in relation to unauthorised transactions.
Ready to Retrieve Your Statements?
Use the OCEAN Lending BankStatements.com.au link below. If you are unsure which accounts or statement periods are required, contact us before you begin.
Frequently Asked Questions
Bank Statement Questions
Do I have to use BankStatements.com.au?
No. It is an optional third-party service. Contact OCEAN Lending if you would prefer to provide the required statements another way.
Why does OCEAN Lending need bank statements?
Depending on the application and lender requirements, bank statements can help verify income, expenses, existing commitments, savings and other information relevant to assessing the loan.
How many months of statements will I need?
Requirements vary between lenders and applications. We will let you know what is required for your file.
Does OCEAN Lending receive my internet banking password?
No. OCEAN Lending does not receive your internet banking credentials through this process. The BankStatements.com.au service handles the retrieval directly.
Can I get a copy of the statements supplied to OCEAN Lending?
Yes. If you would like a copy of the statements received by us, please contact OCEAN Lending.