2025-08-29
11 min read

Top 10 Bank Statement Converters in 2025 | Best Bank Statement Converters

Bank statements are one of those things we all deal with, whether it’s for keeping track of personal expenses, managing business accounts, or preparing for tax season. The problem is, they often come in PDF format, which isn’t exactly the easiest to work with when you need the numbers in Excel or another editable format.

That’s where bank statement converters come in. These tools convert your PDF statements into clean, usable spreadsheets or CSV files, saving you from the tedious task of endless copy-pasting and manual data entry.

In this guide, we’ve put together the Top 10 Bank Statement Converters for 2025. We’ll examine how each one works, its accuracy, ease of use, and the pros and cons of each. By the end, you’ll know exactly which tool will make your statement-to-spreadsheet life a whole lot easier.


Top 10 Bank Statement Converters in 2025 – Comparison Table

ToolFree CreditsPrice Per Page ($)OCR/Scanned PDFsBatch ProcessingOutputsPlatform
Ai Bank Statement100.03YesYesXlsx, CSV, JSONWeb
Bank Statement Converter50.0375YesYesExcel, CSVWeb
NanonetsLimited0.3YesYesCSV, JSONWeb
Bank Statement Converters100.025YesYesExcel, CSVWeb
Bank Statement Wizard100.075YesYesExcel, CSV, JSONWeb
Formula BotLimitedUnlimited in paid-YesExcelWeb
Docuclipper100.325YesYesExcel, CSV, QuickBooksWeb
ParsioNo Free0.041YesYesCSV, JSONWeb
LedgerDocs15-YesYesCSV, OFXWeb
Statement Sheet100.05NoYesExcel, CSVWeb

1 credit = 1 Page of Bank Statement


Top 10 Bank Statement Converters in 2025

1. Ai Bank Statement

If you want a quick and accurate way to turn your bank statements into Excel, CSV, or JSON files, AI Bank Statement is a solid choice. It’s built to handle both regular digital PDFs and scanned statements, so you don’t have to worry if your document isn’t perfect.

How it works

Features

  • Convert text-based and OCR-based bank statements into Excel, CSV, JSON
  • Batch processing with customizable options
  • Accuracy: 95–99%
  • Handles a wide range of banks worldwide, including complex/scanned formats
  • Limited free tier for first-time users
  • Uses automatic table detection (not template-based parsing)

Inputs/Outputs

  • Input: PDF (Digital or Scanned)
  • Output: Excel (.xlsx), CSV (.csv), JSON (.json)

Accuracy

  • Digital PDFs: ~95–98%
  • Scanned PDFs: ~90–95%

Pricing

PlanPages Per Month
Zero10 Pages on sign up
$12400
$241000
CustomFlexible

2. Bank Statement Converter

Bank Statement Converter is a web-based tool that transforms PDF bank statements from thousands of banks worldwide into structured Excel or CSV files.

How it works

Features

  • Supports thousands of banks globally
  • Automatic table detection (no templates)
  • Free conversions available on signup
  • Bulk uploads supported

Input/Output

  • Input: PDF (Digital or Scanned)
  • Output: Excel, CSV

Accuracy:
Bank Statement Converter continually refines its algorithms to improve reliability. Users are encouraged to provide feedback if conversions aren’t accurate, helping the tool learn and improve.

Pricing

PlanPrice/MonthPages/Month
Starter$29400
Pro$591000
Business$994000

3. Nanonets

Nanonets is an AI-driven Intelligent Document Processing tool with enterprise-grade compliance.

How it works

Features

  • Works with any bank statement format
  • Extracts structured data, even from multi-page scans
  • Auto-generates financial insights
  • Outputs Excel, CSV, JSON, QBO

Accuracy:
For clean digital PDFs, expect 95-99% accuracy. For scanned or complex layouts, advanced AI ensures similarly high accuracy, typically ranging from 90% to 98%.

  • Clean PDFs: 95–99%
  • Complex layouts: 90–98%

Pricing

  • Free trial with $200 credits
  • Pay-as-you-go pricing

4. Bank Statement Converters

Bank Statement Converter is a fast, web-based AI tool that converts bank statement PDFs, including scanned or password-protected files, into structured Excel, CSV, or JSON formats. It’s designed for anyone needing accurate, hassle-free financial data extraction.

How it works

  1. Upload PDF/image/Excel
  2. Choose output (Excel, CSV, JSON)
  3. Download instantly

Feature

  • Handles both scanned and native PDFs accurately
  • You can upload password-protected statements securely and convert them
  • Upload multiple documents and convert them in one batch
  • Convert instantly without registration up to 5 pages per day

Accuracy Bank statement Converters gives 99% accuracy with a custom document format bank statement. Despite this high accuracy, it recommends users validate output for critical financial tasks.

Pricing

PlanPrice/monthPages/month
Starter$10400
Pro$201000
Business$404000
EnterpriseCustomCustom

5. Bank Statement Wizard

BankStatementWizard is an online, AI-driven tool that effortlessly converts bank statement PDFs— including scanned or image-based documents—into structured Excel or CSV formats. It works with any bank statement worldwide using fully automated processing.

How it works

Features

  • Works with statements from any bank or PDF format
  • AI-powered layout and data extraction require no manual configuration
  • Can do Bulk conversion with minimal user efforts

Accuracy While specific accuracy rates aren’t published, the combination of AI and OCR suggests high reliability in extracting transaction data. Reviews suggest it's trusted for wide use and praised for precision.

Pricing

PricePages/month
Free10
$30400
$601000
$1002000
$1804000
$3008000

6. Formula Bot

The Bank Statement Converter by Formula Bot is a free, AI-powered feature within the Formula Bot platform designed to convert PDF bank statements, including scanned or complex layouts, into structured spreadsheet formats like Excel. It’s ideal for users wanting a quick, hassle-free way to transform financial PDFs into usable data.

How it works

  • Converts instantly to Excel
  • Handles scanned/complex layouts

Pricing: Formula Bot, including its Bank Statement Converter, is free to use. The platform operates under a freemium model, where this feature is available at no cost.


7. Docuclipper

DocuClipper’s Bank Statement Converter is a high-precision OCR-powered tool that automatically transforms PDF bank and credit card statements into structured formats like Excel (XLS), CSV, Google Sheets, or accounting-ready files like QBO and JSON.

How it works

Features

  • Exceptional precision in extracting data from any bank statement.
  • Equipped with Bulk convert of Bank statement
  • Compares start/end balances and transaction totals to validate data accuracy.
  • Supports export to Excel, CSV, QBO, JSON; perfectly integrated with many accounting platforms

Pricing

PlanPrice/monthPages/month
Starter$39120
Pro$74280
Business$159640
EnterpriseCustomCustom

8. Parsio

Parsio Bank Statement Parser is a no-code, AI-powered tool that automates the extraction of structured data from bank statements—whether in PDF, scanned image, or email attachment. It supports conversion into Excel, CSV, JSON, or direct export to Google Sheets, and integrates seamlessly into automated workflows. The tool is built for simplicity, security (EU-hosted, GDPR compliant), and versatility.

How it works

  1. Create an Inbox in Parsio: This acts as the container for your bank statement files.
  2. Import Statements: upload via drag-and-drop, email, API, or automation tools like Zapier or Make.
  3. AI + OCR Processing: Parsio uses a pre-trained bank-statement model powered by OCR and machine learning to detect and extract data such as dates, descriptions, transaction amounts, balances, etc.
  4. Export or Automate: export parsed data as Excel, CSV, JSON, or push directly to Google Sheets, accounting software, or other apps using Zapier, Make, webhooks, etc.

Features

  • Fast Processing: Each page typically parses in under 5 seconds.
  • Versatile OCR Parser: Handles both printed and handwritten text across various languages and layouts
  • Secure & Reliable: GDPR-compliant, EU-hosted data infrastructure, 99.95% uptime, strict privacy policies, and user data control (deletion capability)
  • Flexible Exports & Integrations: Supports Excel, CSV, JSON, Google Sheets, and connects to 6,000+ apps via Zapier, Make, etc.

Pricing

PricePage/month
Free20
$491000
$1495000
$29912000

9. LedgerDocs

LedgerDocs now includes a seamless, AI-powered feature that allows you to convert bank statement PDFs (and other financial documents) directly into structured CSV or Excel files. This integration eliminates the need for external conversion tools and streamlines your bookkeeping workflow.

How it works

  • Select Documents: Choose individual or multiple bank statements for conversion. Batch processing is possible by selecting files and using the right-click menu in a folder view. Conversion Modes
    • Statement to CSV: Converts bank statements into a standardized CSV, including key fields like Date (MM/DD/YYYY), Description, Debit, Credit, and Balance (if available).
    • Document to CSV: Extracts all tables across any document, preserving original layout and headers—ideal when the default statement extraction fails.
  • Processing & Notification: Conversions take approximately 10 seconds per document. A notification updates you on progress, and a quick link to the resulting folder allows easy access to the output.
  • Review & Download: Side-by-side comparison interface enables quick accuracy checks. Once verified, files can be downloaded and imported into QuickBooks Online, Google Sheets, Microsoft Excel, or any other CSV-compatible editor

Features

  • Batch conversion of PDFs and images directly within LedgerDocs
  • Dual extraction modes: structured bank statements or full document extraction
  • Fast processing (~10 seconds per file)
  • Conversion notifications and easy folder access
  • Side-by-side document-to-CSV comparison for validation
  • Seamless export to Excel, Google Sheets, QuickBooks Online, and more

Pricing: Custom


10. Statement Sheet

StatementSheet is a web-based PDF-to-Excel/CSV converter designed to transform bank statements from thousands of global banks into clean, structured formats. It promotes simplicity, accuracy, and convenience all in one platform.

How it works

Feature

  • Handles statements from thousands of banks worldwide.
  • Upload via drag-and-drop or file selector.
  • Files are encrypted in transit and automatically deleted after 24 hours.
  • Export to Excel (XLS) or CSV for seamless integration into workflows.

Pricing

PlanPrice/monthPages/month
Basic$20400
Essential$501000
Pro$803000
EnterpriseCustomCustom

Convert With Ai Bank Statement

At the end of the day, the best bank statement converter is the one that makes your life easier. Most of the tools we looked at do a solid job, but some are better depending on what you need—whether that’s bulk conversions, extra accuracy for scanned files, or simple pricing. Aibankstatement.com stands out because it balances accuracy, speed, and cost quite well, making it more practical than many others. It’s reliable with both scanned and digital PDFs, and that’s something not every tool handles smoothly. No matter which tool you pick, using a converter is always going to be faster and safer than doing things manually.


Frequently Asked Questions About Bank Statement Converters

1. Why should I use a bank statement converter instead of typing manually?
Because it saves time and reduces errors.

2. Can these tools handle scanned or image-based PDFs?
Yes, most modern converters use OCR.

3. Are they safe to use?
Yes, most use encryption and delete files after processing.

4. Can I convert more than one statement at a time?
Yes, many support batch processing.

5. Do I need to install software?
Not usually, most are web-based.

Related Topics

#AI Banking#Financial Technology#Statement Analysis#Machine Learning