This synchronous API extract in real-time relevant information from Bank passbook statement document such as account holder's Name, Address, Account Number, Recent Transactions, Current Balance, Account Opening Date, Accumulated Interest, Unique Client ID (if applicable), and Automatic Payments Details.
Verifying bank passbook statement documents is important for various reasons. It helps in ensuring the accuracy and authenticity of financial transactions, detecting any fraudulent activities, and maintaining financial records. By extracting key information from bank passbook statements, such as the account holder's name, address, account number, recent transactions, current balance, account opening date, accumulated interest, unique client ID (if applicable), and automatic payments details, financial institutions can verify the identity of the account holder, track their financial activities, and ensure compliance with regulatory requirements.
Maximum file size: 5 MB. Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide bank passbook statement documents that meet the following criteria:
- The document should have a clear and legible text.
- The document must not be blurred or rotated.
- The entire document must be in the frame.
