Document type
Intelligent Transaction Records Processing
Process detailed banking transaction records with superior precision, extracting payment details, funds transfer information, and transaction histories for reconciliation and compliance.
99.9%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process transaction-records
Follow these simple steps to extract data from your transaction-records
1
Upload Transaction Records
Upload transaction records in any format (SWIFT, PDF, spreadsheet)
2
Transaction Classification
AI identifies the transaction type and structure
3
Payment Data Extraction
Extract all payment details with superior accuracy
4
Compliance Verification
Verify transaction details against compliance requirements
Extracted Data
Transaction Records Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| transactionId | string | Yes | Unique identifier for the transaction | N/A |
| referenceNumber | string | Yes | Reference or confirmation number for the transaction | N/A |
| transactionType | string | Yes | Type of transaction (wire, ACH, payment, transfer, etc.) | N/A |
| transactionDate | date | Yes | Date when the transaction occurred | N/A |
| transactionTime | time | No | Time when the transaction occurred | N/A |
| postingDate | date | No | Date when the transaction was posted to the account | N/A |
| transactionAmount | number | Yes | Amount of the transaction | N/A |
| currency | string | Yes | Currency of the transaction | N/A |
| exchangeRate | number | No | Exchange rate for international transactions | N/A |
| sourceAccount | object | Yes | Information about the source account | N/A |