Irregularities Detection with Precisa’s Bank Statement Analyser

Precisa’s BSA is designed to catch any type of irregularities in bank statements. Precisa detects and flags the following activities as potentially fraudulent or indicative of poor creditworthiness:

• ATM withdrawals above ₹20,000 – This section includes the following details about each transaction: Txn date, Particulars, Counterparty, Amount, Balance
• Suspicious eStatements – if any PDF eStatement files fail mathematical, data format, or other file-level authenticity checks, indicating potential file tampering, it’ll be flagged here. Following details about the violating files will be displayed in this section: File name, Authenticity status
• RTGS txns below ₹2,00,000 – RTGS transactions below the limit set by RBI will be flagged in this section. This section includes the following details about each transaction: Txn date, Particulars, Counterparty, Amount, Balance
• Negative balance txns – Debit transactions that resulted in negative account balance in Savings & Current Account. Following details about each transaction are displayed here: Txn date, Particulars, Counterparty, Amount, Balance

Counterparties are present in both debits and credits – this could be an indication of rotation of money. Following details are displayed: Counterparty name, Month, Amount debited to the counterparty, Debited amount as % of overall debits in that month, Amount credited to the counterparty, Credited amount as % of overall credits in that month, Count of debit & credit transactions with the counterparty during the month.