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Based on the most helpful WSO content, it's common for banks to request transcripts during the background check process. This is to verify the information you've provided on your CV. However, the specific documents requested can vary between banks and roles. It could be either your undergraduate transcript, graduation certificate, or both. It's always a good idea to be prepared and have these documents ready. If you're unsure, it's best to reach out to the HR department of the bank you're applying to for clarification.

Sources: Final Year BSc applying for SA 2021 LDN, Got a SA Offer at BB...but I'm a current junior help!!, Missed SA 2019 recruiting - delay graduation for SA 2020?, UK Transcripts and Grades on CV

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