Getting Started with Bank Statement Processing

Processing bank statements manually is time-consuming and error-prone. With StatementConverter, you can automate this process and extract financial data with 99%+ accuracy in seconds.

Why Automate Statement Processing?

Manual data entry from bank statements poses several challenges:

• Time-consuming: Hours spent on data entry
• Error-prone: Human mistakes in transcription
• Inconsistent: Different formatting across statements
• Scalability: Difficult to handle large volumes

How StatementConverter Works

Our platform uses advanced PDF processing technology to:

1. Parse PDF structure - Extract text and table data
2. Identify bank formats - Recognize statement layouts automatically
3. Extract transactions - Pull dates, amounts, descriptions, and balances
4. Validate data - Cross-check for accuracy and completeness
5. Export results - Generate Excel, CSV, or JSON files

Step-by-Step Guide

1. Upload Your Statement

Simply drag and drop your PDF bank statement or click to browse files. We support:

• Individual PDF files up to 50MB
• Batch uploads of multiple statements
• Password-protected PDFs
• Scanned documents (with OCR)

2. Automatic Processing

Our system automatically:

• Detects the bank format
• Extracts transaction data
• Identifies columns and headers
• Validates data integrity

3. Review and Export

Before downloading:

• Review extracted data in our preview interface
• Make any necessary corrections
• Choose your preferred export format
• Download your processed file

Supported Bank Formats

We currently support 20+ major banks including:

• Bank of America
• Chase
• Wells Fargo
• Citibank
• Capital One
• And many more...

Best Practices

File Preparation

• Use high-quality PDFs when possible
• Ensure statements are complete (no missing pages)
• Remove any password protection before upload

Data Validation

• Always review extracted data before export
• Check date ranges and transaction counts
• Verify opening/closing balances

Export Options

• Excel: Best for accounting software integration
• CSV: Universal format for spreadsheet applications
• JSON: Ideal for custom integrations and APIs

Next Steps

Ready to start processing your bank statements?

1. Sign up for a free account
2. Upload your first statement
3. Experience the power of automated processing

Need help? Check out our API documentation or contact our support team.

Security Note

Your financial data is protected with:

• TLS 1.3 encryption in transit
• AES-256 encryption at rest
• Automatic file deletion after processing
• GDPR compliance

Start streamlining your financial workflows today with StatementConverter.