AI-powered Bank Statement Extraction API

Unstract enables accurate data parsing from bank statements of any type, file format, and layout complexity—all without pre-training, manual annotation, and post-processing.

SEE BANK STATEMENT CAPTURE IN ACTION

AI-powered Bank Statement Extraction API

A completely new and dramatically simple
way to extract what you need for any
bank statement

PARSE BANK STATEMENTS IN ANY FORMAT

Input documents can vary in type and quality—they may be poorly scanned, photographed images, or include handwritten information. 

HANDLE COMPLEX BANK STATEMENTS

NO MORE LIMITING DISADVANTAGES OF PREVIOUS GENERATION EXTRACTORS

HANDLE VARIABILITY IN DATA FORMATS

05/01/2024

TOTAL

DETAILS

FIFTH JAN

GROSS SUM

TRANSACTIONS

TRANS
ACTIONS

05/01/24

NET AMOUNT

05/01/24

JAN 2024

GRAND TOTAL

JAN 2024

No-code LLM Platform to launch APIs and ETL Pipelines to automate bank statement extraction

AI-Powered

Bank Statement Parsing

How does it work?

WRITE PROMPTS TO EXTRACT THE REQUIRED DATA

Prompt Studio is an environment designed to
create generic prompts quickly from a small sample of representative bank statements.

DEPLOY EXTRACTION API

Deploy the Prompt Studio project as an API. With API deployments, you can expose an API to which you 
send a PDF or an image and get back structured data in JSON format.

DEPLOY ETL FOR BANK STATEMENT EXTRACTION

With ETL deployment, Unstract automatically scans bank statements from sources like Google Drive or S3 and stores the data in databases or warehouses like Snowflake.

LLMWhisperer:
The Bank Statement
OCR

Get complex bank statements ready for LLM consumption.

LLM output is as good as the input you provide it. The perfect companion service to LLMs, it produces highly optimized output from bank statements in a way LLMs can best understand.

A unique layout-preserving mode lets LLMs understand multi-column layouts, forms and tables.

State-of-the-art handwritten text detection means you can process challenging documents with ease.

Checkbox and radio button detection means you can process forms easily.

Can deal with scanned PDFs and smartphone camera
-captured documents with high fidelity.

Try our bank statement converter today by signing up for a free trial.

BENEFITS

Why choose Unstract Bank Statement Extraction API

Operational efficiency

Reducing manual tasks in bank statement processing accelerates loan approvals, 
enhances financial decision-making, and improves accounting efficiency.

Better Accuracy

Accurate bank statement parsing enables better lending decisions, improved auditing, and precise financial analysis.

Smarter decisions

Extracting relevant data that is always trustworthy and predictable helps make better financial, tax, and accounting decisions.

Automated Compliance

Unstract helps ensure that the bank statement extraction process meets established compliance standards and legal requirements.

Increase profitability

Faster turnaround times, reduced manual labor, and improved predictability in scaling help cut costs and improve profits.

Customer Satisfaction

Minimizing human-in-the-loop touchpoints reduces delays, enabling faster loan approvals, quicker credit assessments, and seamless claims processing.

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Operational efficiency
0 %
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Less human touchpoints
0 %
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Extraction accuracy
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Frequently Asked Questions

If you have any questions or uncertainties about extracting information from bank statements, please don’t hesitate to reach out to us. Our team is available for a no-obligation consultation to address your concerns and provide clarification.

Why Unstract? Why should I use it instead of the legacy Intelligent Document Processing(IDP) tools?

Unstract fully leverages AI to rethink document processing from the ground up. One of the most common uses of LLMs is to go beyond what traditional IDP can do when it comes to structuring unstructured documents. However, there are a lot of challenges in getting this done right, from extraction of text data from PDFs, scanned images or other formats to prompt engineering, evaluation and integration with existing systems. This very specific use case is where Unstract can help teams move really fast by doing the heavy lifting in this fast-changing ecosystem. Unstract lets engineers concentrate on implementing core business workflow automation.

We recommend taking a free 14-day trial of Unstract. You can also schedule a 1-on-1 demo with our experts.

We would recommend taking a free 14-day trial of Unstract.

Unstract adheres to the strict rules and regulations of various compliance authorities. We are SOC 2, ISO, GDPR, and HIPAA compliant. For those seeking to self-host Unstract on-premise, you can leverage the power of Unstract while maintaining full ownership of your data, infrastructure, and security.

We have simple, open pricing for all your complex document processing needs. The pricing is based on the total number of pages processed.

Yes, Unstract supports parsing scanned and photographed income tax documents using LLMWhisperer OCR

Bank statement extraction APIs are the fastest way to integrate Unstract. Unstract also has out-of-the-box connectors that allow you to integrate with your source storage and destination databases.

Secure and Compliant, Always

Unstract adheres to the strict rules and regulations of various compliance authorities.
Rest assured, we have policies, systems, and processes to ensure that your data is always safe, secure, and private

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Begin your AI-driven bank statement processing today