Bank Statement to XML ISO 20022 generator

ISO 20022 is a widely accepted standard for electronic data interchange in the financial industry, providing a structured and machine-readable format. It is commonly used in processes like credit scoring, where consistent, standardized data enables precise assessments and automated decision-making, supporting better risk management and streamlined financial operations.

Read more: https://docs.tillforty.com/pdf-to-iso-20022-xml

How it works?

1. Submit PDF Bank Statement

• Request: Send the PDF bank statement to our API endpoint.
• Response: Confirmation of receipt and job initiation.

2. Processing Steps

• Bank Identification: Determine the bank associated with the PDF.
• Text Extraction: Extract transaction details (dates, descriptions, amounts, balances).
• Data Structuring: Organize extracted data into recognized sections.
• XML Generation: Assemble data into an ISO 20022-compliant XML.

3. Job Completion

• Request: Check job status.
• Response: Receive the XML file as a base64-encoded string.