Bank statement conversion use cases

The same converter, fourteen jobs. Turn PDF and scanned bank statements into tagged OFX, CSV or Excel with date, description, debit/credit and running balance, then hand the file to whatever does the rest of the work.

Convert a bank statement See pricing
Reconciliation & bookkeeping
Convert statements into clean rows (date, description, amount, balance) for fast GL reconciliation and month‑end close.
Accounting system import
Export OFX (or CSV) ready for import into Quicken, MS Money, QuickBooks, Xero, NetSuite or your data warehouse.
Lending & underwriting
Summarize income, outgoings, recurring payments, and risk flags to accelerate loan decisions.
KYC/AML source‑of‑funds
Validate inflows, identify counterparties, and evidence affordability for compliance reviews.
Expense analytics
Categorize spend, detect duplicates, and build dashboards from converted statement data.
Audit & compliance
Create audit‑ready evidence with line‑item exports and traceable transformations from PDFs to OFX.
Payout & marketplace reconciliation
Match bank deposits with marketplace or PSP reports to reconcile fees, refunds, and chargebacks.
Cash flow forecasting
Extract inflows/outflows by category from statements to build rolling cash forecasts.
Multi‑currency bank rec
Normalize FX statements and export with currency codes and converted amounts for ERP import.
Tax preparation
Generate categorized CSVs for Schedule C, VAT/GST returns, and year‑end reconciliations.
Fraud & forensics review
Surface unusual counterparties, split transactions, and cash withdrawals from historic statements.
Property & HOA management
Reconcile rents, dues, and vendor payments across multiple accounts with monthly statement exports.
Due diligence & M&A
Standardize bank activity for data rooms and financial reviews during fundraising or acquisitions.
Insurance claims support
Provide structured evidence of payments, premiums, and losses from claimant bank statements.