Who Are Illion BankStatements

When we send out our “Hello” email to you with a list of things we need, you’ll notice a link to BankStatements.com in the email. For those of you that asked, here is a little bit of information about them. 

Illion BankStatements is a secure, automated and free service which allows you to quickly submit your bank statements to us. It is designed to make the process of getting an application underway faster and easier for you. 

The website link we provide you with is secure and and takes you directly to a webpage where you can begin the process. The process is ‘read-only’ and retrieves your bank statements and sends them directly to us. 

Benefits 

• It’s fast and easy and should only take you a minute to complete. That means no going to the bank to get your statements or sitting at the computer and printing off statements from your online service. 
• As your broker we receive the statements almost instantly so we can get to your application faster. 
• The site is mobile friendly so you can complete the process on your phone, tablet or desktop computer, you choose. 

Is it secure? 

• It is a ‘one time’ retrieval and can only happen with your authority. 
• The service is ‘read-only’ which means nobody that gets the information can transact on your accounts.
• Your financial data is encrypted with bank level 256-bit encryption (sounds fancy huh?) and secured by 2048-bit keys (again fancy stuff!) and this is the same level of protection your bank provides.
• Your bank login details are never stored – they are encrypted and securely discarded immediately after you log in.
• BankStatements is regularly audited by independent security experts to ensure the highest level of data protection and security. 

What about your privacy? 

At the very cetre of illion BankStatments service level is there adherence to Australian and New Zealand privacy laws. All servers are located in Australian data centres and your personal details are never shared with or sold to third parties. You can see the illion BankStatements Privacy Policy for more information on their website. 

www.bankstatements.com.au