How to Get A Bank Statement From Scotiabank
In order to be fiscally responsible, consumers must ensure that all of their finances are in order.
There are a few key things that you can do to ensure all your financial information is accurate and accessible, such as regularly reviewing your credit score, tracking how much you spend, and keeping a regular check of your bank account information.
One of the ways you can accomplish this is by getting a statement from your bank that details your personal account information in recent weeks. If you’re a Scotiabank customer, you may wonder how to get a bank statement from Scotiabank. Fortunately, we’ve provided an easy guide to help you out!
What’s a bank statement?
A bank statement is a general summary of your personal bank account’s transactions on a month-by-month basis.
These statements include pertinent banking information, such as your account information for your savings and chequing accounts, a detailed list of your withdrawals and deposits, the beginning and ending balance in each account from the past month, and any interest that has been earned within that period of time.
Why should I get a copy of my bank statement?
Consumers are recommended to view their bank statements each month, as doing so will help them keep better track of their finances.
For instance, being aware of exactly how much you spend each month, along with where these purchases were made, will help you track any potentially fraudulent activity on your account.
On the flip side, if you’re a business owner, keeping a regular check of your company’s bank statements will help demonstrate your business activity, which will be beneficial come tax season.
Using a bank statement to monitor your account activity will also help you if you’re looking to apply for a business or personal loan, as you’ll have a better idea of how your finances look to your bank and the credit union that will be potentially processing your application.
Overall, taking advantage of the information found on bank statements will help you keep track of your finances better and reveal areas that may need improvement.
How to get a bank statement from Scotiabank: 4 ways
If you’d like to get a bank statement from Scotiabank, this is very easy to accomplish and can be done in one of four ways – via the Scotiabank Mobile app, through the bank’s online banking portal, over the phone with customer service, or in person.
If you prefer to have your bank statement in physical paper form, you can request to have your statements sent in the mail. If you prefer digital copies of your bank statements, you can request to receive them via eStatement.
Below, we’ll go over the steps for each method:
Scotiabank online banking portal
To learn how to get your current bank statement from Scotiabank using the online banking portal, follow the steps outlined below:
1. From your computer or device, open your web browser, navigate to the Scotiabank website, and log in to your account
2. Once you’re on the homepage, select the Accounts page and tap on your bank account
3. Next, click on the Documents option and click on the statements you wish to view from which month
Scotiabank Mobile banking app
To learn how to get a bank statement from Scotiabank via the mobile banking app, follow the steps outlined below:
1. From your phone or mobile device, open up your Scotiabank Mobile app and log in to your account
2. Once on the app’s Home page, select your personal bank account
3. Next, select Manage and then press View Statements
Over the phone
If you prefer to have your banking information sent through the mail, you can contact the Scotiabank help desk (1-800-472-6842) and request for your eStatements to be printed and delivered.
In-person
Scotiabank customers can also request a copy of their bank statement in person. Simply visit your local Scotiabank branch and speak to a bank teller about getting a copy of your eStatement.
Make sure to have your debit/credit card and/or account information on hand in case they have to clarify your personal details.
Can I get my bank statement directly from Scotiabank in person?
When inquiring about how to get bank statements at Scotiabank, many customers often ask if they can obtain a statement in person.
As touched on above, Scotiabank customers are able to get their bank statements from Scotiabank branches in person. However, to obtain a copy of your eStatement, you have to make sure you’ve set up eStatements on your account prior to visiting your bank.
How often are bank statements produced by Scotiabank?
Bank statements are produced every month by Scotiabank. These statements are saved on the customer’s account and can be accessed at any point.
Customers can access their previous bank statements for each month as far back as seven years from this current date. This is efficient for anyone who needs to check a purchase they made in the past that they no longer have a receipt for, or if there is a past payment they made that has raised concern.
Other related FAQs
Now that you know how to get a bank statement from Scotiabank online, in person, and over the phone, you likely have a few other questions related to this topic.
For instance, is a bank statement the same as a transaction history report? Can you use bank statements as proof of purchase? To find the answers to these questions, keep reading below.
Is a bank statement the same as a transaction history report?
Many consumers are under the impression that a bank statement is the same as a transaction history report. However, these two documents, while both quite useful, have a distinct difference.
While a bank statement covers your transaction history on a month-by-month basis, a transaction report is much more detailed, as you can set the period of time for how far back you’d like the report to go upon request.
While consumers can simply request multiple previous bank statements dating back to their needed date, a transaction history report condenses this information into one document, which many find preferable and easier to manage.
Are bank statements viable as proof of purchase?
If you no longer have a receipt for a purchase you made that you’d like to return or exchange, you can use your bank statement as proof of the date that you purchased an item and from the location it was purchased.
Conclusion
Want to know how to get a bank statement from Scotiabank? You can do so by signing up for eStatements and accessing the documents from the Scotiabank website, on the mobile app, in person, or mailed to you by requesting a copy over the phone.
If you receive a bank statement from an individual in a foreign country to process a refund, you’ll likely want to convert the funds into their currency so that they can receive their full owed amount. You can do so quickly and efficiently through Knightsbridge Foreign Exchange.
Start transferring your funds today!