E-Statements at Scotiaconnect

Enrolling in E-Statements

Sign in to Scotiaconnect online banking, go to Settings > Statements, toggle "Electronic Statements" for each account, confirm your email — paper mail stops immediately and your next statement arrives digitally by the 5th business day.

Scotiaconnect e-statement enrollment takes under a minute per account. The Statements settings panel lists every Scotiaconnect account you hold — checking, savings, credit cards, loans, and mortgages — each with a toggle switch showing the current delivery method. Flick the toggle from "Paper" to "Electronic" and confirm your preferred email address for delivery notifications. The change takes effect immediately: your current statement cycle finishes with electronic delivery, and no further paper statements are mailed. Scotiaconnect sends a confirmation email summarizing the enrollment change, and the e-statements archive populates with your available statement history over the following 24 hours as the system migrates existing records.

Account holders enrolled in e-statements receive an email notification when each new statement is available — typically by the 5th business day of the month following the statement period. The email contains no account numbers or balances, only a notification that a statement is ready and a link to sign in to Scotiaconnect. This design prevents sensitive information from traveling through unencrypted email channels. You can also enable a push notification through the Scotiaconnect mobile app as a secondary alert for statement availability.

Statement Archive and Search

Scotiaconnect e-statements archives retain seven years of monthly statements across all account types — search by date range, transaction amount, merchant name, or statement period, and download any statement as a PDF.

The e-statements dashboard in Scotiaconnect organizes statements by account and year. Select an account from the dropdown, and a timeline view displays each month's statement as a tile with the statement date, opening balance, closing balance, and a download button. Filter the archive by year — from the current year back to seven years prior — and scroll to locate specific periods. The search function accepts date ranges, dollar amounts, and merchant names, returning matching statements within seconds across the full seven-year archive.

Each statement downloads as a PDF identical in appearance to the paper version. The PDF includes a digital verification stamp certifying it as an official Scotiaconnect record, plus Scotiaconnect's contact information and routing details required for direct deposit setup or account verification with third parties. You can password-protect downloaded PDFs from the download dialog — useful when emailing statements to accountants, mortgage lenders, or tax preparers. Scotiaconnect also supports bulk download: select a date range, choose "Download All," and the system compiles a ZIP file of monthly statement PDFs.

Tax Documents and Year-End Statements

Scotiaconnect e-statements include annual tax documents — interest income summaries, mortgage interest statements, investment account reports, and contribution receipts — all stored alongside monthly statements in the same archive.

Tax documents through Scotiaconnect e-statements arrive by February 28 each year for the previous tax year. Documents available depend on the accounts you hold: checking and savings accounts generate T5 (Canada) or 1099-INT (U.S.) interest income statements; mortgage accounts produce annual mortgage interest summaries; registered accounts produce contribution receipts and annual fair market value statements; and investment-linked accounts generate capital gains and dividend income summaries. Each tax document is categorized under a "Tax Documents" section within the e-statements archive, separate from monthly statements for quick identification during tax preparation.

Year-end statements summarizing 12 months of account activity are also stored in the e-statements archive. These comprehensive statements include total deposits, total withdrawals, average daily balance, interest earned, and fees paid over the calendar year. Year-end statements serve as a financial snapshot for budgeting, net worth tracking, and tax estimation. Scotiaconnect retains year-end summaries for the same seven-year period as monthly statements.

Statement Delivery Options

Security and Privacy

Scotiaconnect e-statements are stored encrypted at rest and delivered through the same TLS 1.3-secured platform as your banking session — no unencrypted statement data travels through email.

E-statement security through Scotiaconnect follows the same protocols as the broader online banking platform. Statement data at rest is encrypted using AES-256 encryption within Scotiaconnect's data infrastructure. Statement downloads occur only within an authenticated Scotiaconnect session protected by TLS 1.3. Downloaded PDFs can be password-encrypted using a password you set at the time of download — Scotiaconnect does not store this password, so choose something memorable or store it in a password manager. Email notifications contain no account details or statement contents — only the date the statement is available and a link to sign in. This architecture ensures that even if your email account is compromised, your Scotiaconnect statement data remains protected behind multi-factor authentication.