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.