Coconut + SEC Compliance: Complete Workflow
Preparing for sec compliance and using Coconut? Registered investment advisors, broker-dealers, and public companies need bank statement data for SEC compliance, custody verification, and regulatory examination responses. BankScan AI bridges the gap between your bank's PDF statements and Coconut's import feature.
BankScan AI → Coconut for SEC Compliance
Convert bank statement PDFs to CSV formatted for Coconut import. Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 12-36 months for SEC examination document requests; custody rule compliance requires ongoing quarterly verification of statements.
AI formats for Coconut
Output as CSV with Date, Description, Amount — Coconut accepts a single amount column with positive for income and negative for expenses — dates in DD/MM/YYYY.
Import and use for sec compliance
Upload into Coconut and use the reconciled data for sec compliance.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Coconut + SEC Compliance Features
- Coconut ready — Output formatted as CSV matching Coconut's expected column structure
- Smart integration — Coconut auto-categorises imported transactions by comparing them against your existing Coconut transaction categories, learning your categorisation preferences over time.
- Built for SEC Compliance — Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
Import for SEC Compliance into Coconut
After converting your bank statements for sec compliance:
- In Coconut, go to Transactions > Import
- Upload the CSV from BankScan AI to bring in transactions from external bank accounts alongside your Coconut banking data
Common Import Issues
Coconut is primarily a banking app — the import feature is designed for bringing in transactions from non-Coconut accounts. Large file imports may time out on mobile.
Coconut Import for SEC Compliance
SEC document request responses typically due within 1-2 weeks during an examination; failure to produce records promptly can escalate the examination scope
Convert for Coconut + SEC Compliance