Wise Statement Converter for HMRC Investigation

Convert your Wise bank statement to Excel for hmrc investigation. Handles DD-MM-YYYY dates. HMRC typically allows 30-60 days to respond to an Information Notice; failure to comply can result in daily penalties of 300 GBP or tax tribunal referral

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Wise Statements for HMRC Investigation

Preparing Wise bank statements for hmrc investigation? HMRC investigations can request years of bank statements. Converting these to analysable data is critical for responding quickly and accurately.

Convert Wise Statements Instantly

BankScan AI converts your Wise statement PDF to a clean Excel spreadsheet in seconds — handling DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance automatically. Batch-convert multiple years of bank statements to structured spreadsheets for HMRC enquiry responses, voluntary disclosures, and tax investigation defence.

About Wise Statement Format

Wise multi-currency statements include transactions in multiple currencies with exchange rates. BankScan AI preserves currency codes, rates, and fee breakdowns.

Getting Your Wise Statement for HMRC Investigation

In Wise, go to your account, click 'Statements', select the currency and date range, then choose PDF or CSV format. Each currency balance generates its own statement, so multi-currency users need to download statements per currency. Download Typically 3-6 years, but HMRC can request up to 20 years in cases of deliberate fraud or failure to notify of statements.

How It Works

1

Upload your Wise statement

Drop your Wise (formerly TransferWise) statement PDF. Supports PDF, CSV. Need Typically 3-6 years, but HMRC can request up to 20 years in cases of deliberate fraud or failure to notify? Upload them all.

2

AI extracts every transaction

Our AI handles Wise's DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance — extracting All credits analysed against declared income, unexplained de.

3

Use for hmrc investigation

Download formatted Excel ready for hmrc investigation. Year-by-year analysis with credits and debits separated, unexplained credits flagged, cross-referenced against tax returns already filed

Wise + HMRC Investigation Features

Convert Wise for HMRC Investigation — Fast

HMRC typically allows 30-60 days to respond to an Information Notice; failure to comply can result in daily penalties of 300 GBP or tax tribunal referral

Convert Wise Statement Free

Frequently Asked Questions

Can I use a Wise statement for hmrc investigation?
Yes. BankScan AI converts Wise PDFs to structured spreadsheets ideal for hmrc investigation. Batch-convert multiple years of bank statements to structured spreadsheets for HMRC enquiry responses, voluntary disclosures, and tax investigation defence.
How many months of Wise statements do I need?
For hmrc investigation, typically Typically 3-6 years, but HMRC can request up to 20 years in cases of deliberate fraud or failure to notify are required. HMRC Compliance Caseworker or Fraud Investigation Service officer, via formal Information Notice under Schedule 36 will specify the exact period.
How does BankScan AI handle Wise's format?
Wise uses DD-MM-YYYY with multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance. BankScan AI is trained on this exact format.
Is my data secure?
Your bank statements are processed in memory and deleted immediately. We never store your financial data.

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