Streem Verify allows you to download PDF bank statements from any clients you have linked to Streem Connect.
These reports include
- Historical transaction data
- Historical end of day balances
- Inflow and outflow amounts
- Current balances
- Account holder info
The statement is also available to export in excel format.
Statements are included in your subscription, you get 1 report every 90 days completely free, if you need more frequent downloads then they are an extra charge of £1 per report. Please see our pricing page for basic linked account costs.
Advantages of Verify
Instant Access – Get instant access to bank statements but in a PDF report format, saving you time and cost trying to get access to statements
Verification – Using the report as a verification tool to save on file to prove the balances, bank account verification or certain transactions, this can then be used as evidence for future reference.
Financial Checks – Gives you financial information on the client if you need to perform initial checks on them in your security processes. Look back at transactions and use as a source of funds report for each client for regulations and financial crime purposes.
What types of business are using Verify?
Accountants – By receiving the financial analysis in a more streamlined way and excel format, also allowing you to do verification checks on your clients instantly.
Insolvency Firms – Instant access to 2 years backdated banking data, verify transactions and analysis already done within Streem Connect.
Finance Brokers & Lenders – Verify sources of income, check transactions and monitor ongoing balance thresholds for for covenants.
Legal – Perform sources of funds report for clients whether it is a property purchase or any other legal transaction. This will allow you to meet your regulatory obligations by giving you evidence in minutes.
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