It is old-fashioned to go queue at the bank waiting for your account statement. But many people still do because they have not learnt about the convenient way of going about financial transactions. Ecobank knows this that is why they have come up with various ways of checking statements of accounts online.
If you have an Ecobank account you can check your statement of account from the comfort of your home because there are a number of ways to do that. If you are familiar with only a few ways, this is added knowledge for you.
Why you need to know your account statement?
Financial planning
To begin a standard credit or financial plan customers need to know what their account statement is. This will form the basis for any plan that they have in place to be successfully implemented because financial plans depend on individuals and their financial capacity which can be known through their account statement.
Loan application
A good account statement that meets the lending criteria of the financial institution is a prerequisite for obtaining loans. It shows the strength and capacity of the borrower to pay back the loan. So, when you access your account statement lending institutions will know that you are keen on your loan application.
Account resolution issues
There are certain financial issues that cannot be resolved without a statement of account. Problems like unauthorized deductions and payment issues require that your account manager of the customer care personnel reviews your statement of account within a certain period.
So, if the account statement is this important how can you check your Ecobank account statement?
To begin with, an account statement shows a record of your account activities over time. It includes all credits and debits within a given period. There are many ways to check your account statement but if you need it online here are some ways to get it.
Request via email
If you have subscribed to a monthly email account statement notification, Ecobank will send your monthly account statement to your personal email. It will be done regularly until the customer unsubscribes. But whether or not you are an email account statement subscriber, you can get your account statement by sending an email to the Ecobank customer care team to request for account statement for a given period. Although most people prefer other options to sending an email to customer service representatives of the bank, you can be assured that bank representatives give prompt attention to your email and your email may leave a longer impression on the financial institution than other options for checking your account balance.
Internet banking portal
Ecobank’s online banking portal allows customers of the bank to access a wide range of banking services through the platform if they have an internet connection. To use the platform, Ecobank account owners first need to log in using their user ID and password to access the dashboard where they can then request the account statement within a given period. Like most banks, getting your account statement may incur some charges which will be debited from your account directly after the account statement has been generated. However, without some amount equal to the charges in your account, the request for an account statement will not be approved.
Mobile app
You can carry out pretty any financial transaction using the Ecobank mobile app and it includes checking your account balance and bank statement. Apps are downloaded and installed on smartphones so they are easily accessible and they provide a secure form for financial transactions. Checking your account statement online or using your phone without going to the bank is easy and safe. The safety aspect of it cannot be overemphasized. Many cases of fraud have been reported by people that often use their debit cards in public places because they want to make a transaction or check their account balance.
With online account statement checking options, people do not have to go about with their debit cards just because they want information about their bank account. Also, they do not have to go to the bank to get the information. What once took some people a whole day to get can now be obtained by using a phone within seconds.
