Adding Bank Transactions to AI Analysis

When using the Guild's online application form for prospective tenants' service, landlords can ask the prospective tenant to authorise bank transactions.

When adding a new application, you can select to ask the prospective tenant to authorise 90-day bank transaction data.

When selecting that option, when prospective tenants have completed the online application, they will see a popup asking them to deny or authorise 90 days of transaction history. This is handled by the Open Banking protocol (the same as your banking or accounts apps that can read bank transactions).

If the prospective tenant denies the authorisation, you may want to ask them for the last three statements in PDF format, which you can upload manually to the AI.

Bank transactions are provided to the system in JSON format, which can be an enormous file. Therefore, they are not visible to the user. However, when the AI analyses the application, it can also analyse the bank transaction data.

Analyse the application

To analyse the application, follow these steps:

1. Navigate to Applicants in the sidebar of the Tenancy Builder part of the website
2. View the application via the actions button
3. Scroll to the bottom and click Analyze with AI.

The first analysis may take a few moments, and a detailed application summary will be displayed. The summary will include bank transactions if the prospective tenant authorised them.

Upload files

You can manually upload any PDF document to the AI, including bank statements or company accounts.

Questions about the application

Once the first summary has been completed, you can ask questions about the application, including bank transactions.

Example questions to the AI might include:

• Using the bank transaction data, confirm regular income transactions
• Using the bank transaction data, does the applicant have the means to afford the property?

We'd be grateful for feedback on questions that work particularly well or poorly.