Recruitment Agencies + Divorce Proceedings: The Challenge
As recruitment agency owner, preparing bank statements for divorce proceedings is a common but time-consuming task. Divorce financial disclosure (Form E) requires detailed bank statement analysis. Solicitors and clients need to review months of transactions to identify assets and spending.
How BankScan AI Helps Recruitment Agencies with Divorce Proceedings
Convert your agency bank statements to Excel to reconcile placement fees, match temporary worker payments, and track client account balances. For divorce proceedings specifically, BankScan AI extracts Hidden income, undisclosed accounts, transfers to third parties, luxury spending automatically.
How Recruitment Agencies Handle Divorce Proceedings
When preparing bank statements for divorce proceedings, recruitment agencies need to Recruitment agencies invoice clients for permanent placement fees or weekly/monthly temporary worker charges, pay temporary workers via payroll or umb. BankScan AI automates the data extraction step.
Key terms you'll encounter: placement fee, temp margin, rebate period, umbrella company.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 12 months minimum, often 2-3 years for asset tracing and establishing spending patterns during the marriage of statements for divorce proceedings.
AI extracts what you need
Our AI extracts Hidden income, undisclosed accounts, transfers to third part — formatted for recruitment agencies workflows.
Complete your divorce proceedings work
Download Excel files ready for divorce proceedings. Organised by account with running totals, suspicious transactions highlighted, summaries matching Form E sections (income, liabilities, expenditure)
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for Recruitment Agencies — Divorce Proceedings
- Built for Recruitment Agencies — Saves 3-4 hours per week on placement fee reconciliation and temporary worker payment matching for an agency processing 50+ placements per month
- Software compatible — Output works directly with Xero, Sage, Bullhorn
- Built for Divorce Proceedings — Convert bank statements to searchable Excel spreadsheets for Form E preparation, asset tracing, and financial disclosure in divorce proceedings.
- Key data extracted — Hidden income, undisclosed accounts, transfers to third parties, luxury spending, dissipation of assets, regular savings contributions, mortgage payments
Compliance: Recruitment Agencies + Divorce Proceedings
When recruitment agencies prepare bank statements for divorce proceedings, specific compliance requirements apply.
- Employment Agencies Act 1973 and Conduct of Employment Agencies Regulations 2003 govern agency operations. REC (Recruitment and Employment Confederation) members face additional compliance standards. AWR (Agency Workers Regulations) affect temporary worker pay calculations. HMRC employment status rules apply to contractor placements.
- Legal basis: Family Procedure Rules 2010 Part 9; duty of full and frank financial disclosure established in Livesey v Jenkins [1985]
Divorce Proceedings — Built for Recruitment Agencies
Form E must be filed by the court deadline, typically 35 days after the directions order; late disclosure can result in adverse cost orders
Try Free — Recruitment Agencies + Divorce Proceedings