Bank statement analyzer is a systematic process used by individuals, bookkeepers, businesses, and financial institutions to review and interpret transactions recorded in a bank statement.

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More than just the API

Categorization

Categorization of credits and debits enhanced detection of transaction type

Anomaly Detection

Anomaly detection and rules violations check

Major Bank

Supports different formats from major banks across multiple regions

Multiple Output

Supports multiple output type – PDF , Excel or JSON

Top use cases of Bank Statement Analyzer API

Bank statement analyzer APIs provide a snapshot of a person’s liabilities, recurring transactions, and monthly dues, which aids banks and financial institutions in determining how much money they may lend to borrowers. Bank statement analysis provides lenders with a clear image of how well the borrower is capable of repaying the amount borrowed, whether it is a corporation or an individual.

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