Why do I need to provide my bank statement?

As per the LRS requirements, our partner bank that is processing this remittance is mandated to source the last 1-year bank statement of the account from which the remittance will be processed. 

You need to upload a statement for every UPI/Netbanking payment you initiate from the app. E.g. if you make a payment today, you will need to ensure that the end date of the bank statement reflects yesterday. Similarly, if you initiate a payment a week later, you will need to download a fresh statement with the end date as of a day earlier than the payment date. 

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