StatementConverter.io is a capable converter with a wide range of accounting formats and a free daily allowance. If you're looking at it, a quick note first: statementconverter.ai is a different, parked domain with no product, so make sure you're on statementconverter.io.
Disclosure: this comparison is published by AI Bank Statement. Prices and policies were taken from each tool's own website in October 2026.
At a glance
| StatementConverter.io | AI Bank Statement | |
|---|---|---|
| Entry plan | Lite: $9/month for 200 pages | Starter: $12/month for 400 pages |
| ~400 pages a month | $20 (Starter, 500 pages) | $12 |
| ~1,000 pages a month | $60 (Pro, 2,000 pages) | $24 |
| Annual billing | Yes (Starter $180 a year) | No |
| Free option | 3 pages a day, or 5 signed in | None |
| Outputs | Excel, CSV, JSON, QBO, QFX, QIF, OFX, Xero CSV, MYOB QIF, Tally XML | Excel, CSV, JSON, Xero CSV, QuickBooks 3- and 4-column CSV |
| API | On every paid plan | Not public |
| Bulk upload | Folder or ZIP on Pro and Business | Up to 20 files on Starter; unlimited on Professional |
| Uploaded files | Deleted when the conversion finishes | Deleted immediately after processing |
Pricing compared
StatementConverter.io's monthly plans:
| Plan | Monthly | Pages a month |
|---|---|---|
| Lite | $9 | 200 |
| Starter | $20 | 500 |
| Pro | $60 | 2,000 |
| Business | $130 | 7,000 |
- Under 200 pages a month: StatementConverter's Lite at $9 is cheaper.
- Around 400 pages: AI Bank Statement is $12 against $20.
- Around 1,000 pages: AI Bank Statement is $24, against $60 for StatementConverter's next plan up.
- Several thousand pages: StatementConverter's Business plan ($130 for 7,000) costs less per page.
Formats: where StatementConverter is stronger
StatementConverter.io exports QBO, QFX, QIF, OFX, MYOB QIF and Tally XML as well as Excel, CSV and JSON. If you use MYOB, QuickBooks Desktop, Quicken or Tally, it covers formats AI Bank Statement doesn't.
For Xero and QuickBooks Online, both produce import-ready CSV. AI Bank Statement offers Xero CSV and both QuickBooks 3- and 4-column layouts.
Privacy
Both delete uploaded statements once conversion is done. StatementConverter.io says the converted file isn't saved; AI Bank Statement deletes uploaded documents immediately after processing.
When to choose StatementConverter.io
- You need QBO, QIF, OFX or Tally files.
- You convert fewer than 200 pages a month, or only need the free daily pages.
- You want an API or annual billing.
When to choose AI Bank Statement
- You convert around 400 to 1,000 pages a month and want the lower price.
- You want batch upload on the entry plan.
- You import into Xero or QuickBooks Online via CSV.
- You convert credit card statements too, with the credit card statement converter.
FAQs
How much does StatementConverter cost? StatementConverter.io's plans are $9 a month for 200 pages, $20 for 500, $60 for 2,000 and $130 for 7,000, with cheaper annual billing.
Is StatementConverter free? It converts 3 pages a day without an account, or 5 signed in, with no card required.
Is statementconverter.ai the same as statementconverter.io? No. statementconverter.ai is a parked domain with no product. StatementConverter's product is at statementconverter.io.
See AI Bank Statement pricing, or the full comparison of 10 bank statement converters.
