Question 1

What is a bank statement converter?

Accepted Answer

A bank statement converter is a tool that automatically extracts transaction data from PDF bank statements and converts it into structured formats like Excel, CSV, or JSON. Instead of manually typing hundreds of transactions, the converter reads your PDF and produces a clean spreadsheet in seconds.

Question 2

How does the PDF to Excel conversion work?

Accepted Answer

Upload your PDF bank statement and our AI reads the document using advanced OCR and language models. It identifies each transaction — date, description, debit, credit, and balance — and outputs a structured spreadsheet. The process takes seconds and handles text-based, scanned, and image-based PDFs.

Question 3

Which banks do you support?

Accepted Answer

We support over 10,000 banks worldwide including Chase, Bank of America, Wells Fargo, HSBC, Barclays, HDFC, ICICI, TD Bank, Commonwealth Bank, and many more. Our AI adapts to any statement format automatically — no manual setup required.

Question 4

Is my financial data secure?

Accepted Answer

Absolutely. Your files are encrypted in transit (TLS 1.3) and at rest (AES-256). We automatically delete all uploaded files and extracted data after processing. We are SOC 2 compliant and GDPR ready. We never sell or share your financial data with third parties.

Question 5

Can I convert scanned bank statements?

Accepted Answer

Yes. Our multi-engine approach combines Groq AI for text-based PDFs and AWS Textract for scanned or image-based statements. Even low-quality scans with poor formatting are handled accurately.

Question 6

What output formats are available?

Accepted Answer

You can export your converted data in three formats: Excel (XLSX) for spreadsheets, CSV for universal compatibility, and JSON for developers and automation. All three formats are included with every conversion.

Question 7

How much does it cost?

Accepted Answer

Start with 5 free credits — no credit card required. Each credit converts one page of a bank statement. Pro plans start at $15/month for 500 pages, with Business and Enterprise plans for higher volumes.

Question 8

Can I use this for accounting?

Accepted Answer

Absolutely. The output is compatible with QuickBooks, Xero, FreshBooks, and all major accounting software. Export to Excel for manual review or CSV for automated import. The structured data includes all transaction fields needed for bookkeeping.

Criteria	Manual Copy-Paste	PerfectConvertly
Time per 50 pages	2-4 hours	30 seconds
Accuracy	85-90%	99.5%+
Error rate	High (typos, missed rows)	Near zero
Scanned PDFs	Not possible	Full OCR support
Output formats	Manual formatting	Excel, CSV, JSON
Cost	Employee time ($50-200)	From $0 (free credits)
Batch processing	Not possible	Unlimited

Convert Bank Statements to Excel in Seconds

Three Simple Steps

Upload Your PDF

AI Extracts Data

Download Clean Data

Everything You Need to Convert Bank Statements

AI-Powered Extraction

Any Bank, Any Country

Lightning Fast

Bank-Grade Security

Three Output Formats

Privacy First

Manual vs Automated Conversion

Works With 10,000+ Banks Worldwide

Frequently Asked Questions

Ready to Convert Your Bank Statements?