A Simple 4 Step Process
Step One
The loan applicant is sent an Ibbie link by SMS message
Step Two
The applicant gives consent to the transaction, connects to their bank using their credentials, and selects which accounts to include in the bank account snapshot
Step Three
The applicant receives a notification saying their bank statements have been sent to their lender
Step Four
The lender receives a read-only version of the applicant’s bank statements