How do I verify my Scotiabank account?
Lending Loop asks all clients to verify their bank account in order to make fund transfers to and from Lending Loop. This is also required to meet Canadian anti-money laundering regulations.
There are 2 ways to verify your Scotia chequing or savings account with Lending Loop:
Image of Void Cheque
Bank Screenshot (complete with full name, bank logo, transit number, account number and account balance)
To verify your account, please upload the document of your choice via the website under the "+Add Funds" section.
You can use a void cheque from your Scotiabank account. To do this, please perform the following steps:
Once you have downloaded the document, you can upload it directly to your Lending Loop Account.
Login to Scotia Online Banking and click on Accounts > Account Summary
Click on Account View Settings > More Account View Settings
Click Site Settings and check 'Display' under Masking Options. Under Account Display Options, for your chequing account enter your full name in the 'Nickname' field.
Press 'Confirm' to save
Click on Accounts> Account Details. This page shows all the required information.
Take a screenshot
Upload it to your Lending Loop account
Here's what an acceptable online banking screenshot from Scotiabank should look like:
*Please note that if you click on a specific account you lose some of the required information.