How to add a loan
Add a loan recipient and make a payment for a friend or family member.
Let's get started.
Follow the steps below.
Step 1 - Launch the app and sign in
Launch the Scotia Caribbean app and sign in. Depending on your security settings, you will need to verify your identity through FACE ID, Touch ID or by entering a verification code, that is sent to your registered email.
You should receive your verification code in your email's inbox immediately. If you don't see it, check your spam and/or promotions folder. If after a couple minutes, it's still not there, click the "Send me a verification code" link.
Step 2 - Go to the Transfer tab
Step 3 - Select "manage recipients"
Select "manage recipients" to add a new loan recipient.
Step 4 - Select "Add new recipient"
Step 5 - Select recipient type
Choose whether the recipient has a business or personal account.
Step 6 - Select recipient bank
Select Scotiabank as your recipient's bank.
At this time, you can only transfer funds to loans at Scotiabank.
Step 7 - Add recipient details
Enter the following information:
- Account type- Select 'Loan'
- Loan Number
If the information provided matches our records, the name of your recipient will auto fill. Verify that the name is correct then tap 'Continue'.
Note: This feature applies to transfers being made from a Scotiabank Trinidad and Tobago deposit account to someone else's Scotiabank loan.
If you would like to transfer funds to your own loan click here.
Step 8 - Review recipient details
Verify that the information on screen is correct then, click "continue"
Step 9 - Congrats! Your loan recipient has been added
You can now proceed to transfer funds to your loan recipient
Click here to learn how.