Taxfiler + Anti-Money Laundering (AML): Complete Workflow
Preparing for anti-money laundering (aml) and using Taxfiler? AML compliance officers need to review bank statements to identify suspicious transactions, unusual patterns, and politically exposed person (PEP) activity. BankScan AI bridges the gap between your bank's PDF statements and Taxfiler's import feature.
BankScan AI → Taxfiler for Anti-Money Laundering (AML)
Convert bank statement PDFs to CSV formatted for Taxfiler import. Convert bank statements to searchable, sortable spreadsheets for systematic AML review, transaction pattern analysis, and suspicious activity report preparation.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload Ongoing monitoring typically reviews 3-12 months; enhanced due diligence on high-risk clients may require 2+ years of transaction history of statements.
AI formats for Taxfiler
Output as CSV with N/A — Taxfiler is a tax compliance tool. BankScan AI CSV output serves as supporting documentation and working papers. — dates in DD/MM/YYYY (for reference).
Import and use for anti-money laundering (aml)
Upload into Taxfiler and use the reconciled data for anti-money laundering (aml).
Supported Banks
BankScan AI works with all major UK and US banks, including:
Taxfiler + Anti-Money Laundering (AML) Features
- Taxfiler ready — Output formatted as CSV matching Taxfiler's expected column structure
- Smart integration — Taxfiler's accounts production can reference categorised bank data from BankScan AI spreadsheets to auto-populate trial balance figures.
- Built for Anti-Money Laundering (AML) — Convert bank statements to searchable, sortable spreadsheets for systematic AML review, transaction pattern analysis, and suspicious activity report preparation.
Import for Anti-Money Laundering (AML) into Taxfiler
After converting your bank statements for anti-money laundering (aml):
- Taxfiler doesn't import bank statements directly
- Convert with BankScan AI, then use the CSV data to verify income figures and categorise expenses within Taxfiler's accounts production module
Common Import Issues
No direct import. Use BankScan AI output as working papers — sort by category to identify employment income, self-employment turnover, rental income, and capital gains.
Taxfiler Import for Anti-Money Laundering (AML)
Suspicious Activity Reports (SARs) should be filed with the NCA promptly; consent SARs require a response within 7 working days plus a 31-day moratorium period
Convert for Taxfiler + Anti-Money Laundering (AML)