Bank Statement Converter vs ProperConvert: PDF statement converters compared

Bank Statement Converter and ProperConvert

Bank Statement Converter is both a product name and the phrase people type when they need one, so this page is about the product at bankstatementconverter.com. It is a website that turns a PDF bank statement into an Excel file. ProperConvert is a desktop app for Windows and Mac that turns a PDF, scanned PDF, CSV or Excel statement into the file your accounting software imports, QBO, QFX, OFX, QIF, IIF or CSV. Both solve the same first problem, the bank gave you a PDF and you need the transactions out of it. They differ in what you get at the end and where the work happens.

The facts below were checked on the two official websites on September 24, 2026. Prices and plans change; the links go to the current pages.

What Bank Statement Converter is

Bank Statement Converter is run by Bank Statement Converter Ltd. and was built by one developer, Angus Cheng, after his own bank gave him PDF statements when he wanted a spreadsheet. You upload a PDF in the browser and download an Excel file with the transactions. The site says it handles statements from thousands of banks worldwide and that the team fixes files that do not convert as expected when you email them. There is an API that returns JSON or CSV for companies that want to build the conversion into their own system, and a "bespoke services" offer for other document types.

The product is deliberately simple: one input, PDF, and one output for the web user, Excel. There is no transaction review step and no accounting file format; the spreadsheet is the result, and what you do with it next is up to you.

Bank Statement Converter pricing

Anyone can convert 1 page every 24 hours without signing up, and a free registered account gets 5 pages every 24 hours. Paid plans are priced by pages per month: Starter at $30 per month for 400 pages, Professional at $60 per month for 1,000 pages, and Business at $99 per month for 4,000 pages. Paid yearly, the same plans are $180 for 4,800 pages, $360 for 12,000 pages and $599 for 48,000 pages, which works out to half the monthly price. Enterprise volumes are by contact.

What ProperConvert is

ProperConvert is one desktop application for Windows and macOS. It opens PDF statements, scanned PDF statements, CSV and Excel files, and QBO, QFX, OFX, QIF and QMTF files, shows the transactions in a table where you can review, edit, exclude and rename payees, and saves QBO, IIF, QFX, QIF, OFX, CSV and Excel files for QuickBooks Desktop, QuickBooks Online, Quicken, Xero, Sage and other accounting software. The conversion runs on your computer. Statements are never uploaded to a server.

ProperConvert pricing is one subscription for everything: $19.99 per month or $179.99 per year for one user, and a Team plan of three users at $49.98 per month or $449.97 per year. There are no page, statement or transaction limits, all formats are included, updates are free, and there is a 14-day money-back guarantee. A free trial is on the download page.

Bank Statement Converter and ProperConvert side by side

Which one fits

Bank Statement Converter fits someone who wants a spreadsheet and nothing else: a one-page statement now and then, which the free tier covers, or a company that wants an API that hands back JSON. If Excel is the destination and the PDF is clean, it is the shortest path from upload to download.

ProperConvert fits a bookkeeper, accountant or business owner whose destination is QuickBooks, Quicken, Xero or Sage. Those programs want a QBO, QFX, OFX, QIF or IIF file, not a spreadsheet, and getting from an Excel file to one of those is a second job. It also fits anyone whose statements arrive as scans, as CSV from the bank, or as a mix, since one app reads all of them, and anyone who would rather not upload client statements to a website. There is no page count, so a year-end catch-up costs the same as one statement.

Questions people ask

Is Bank Statement Converter free?

Partly. You can convert 1 page every 24 hours without an account and 5 pages every 24 hours with a free account. More than that needs a paid plan, starting at $30 per month for 400 pages. ProperConvert has a free trial and then one subscription with no page count.

Does Bank Statement Converter make a QBO file for QuickBooks?

No. The web product outputs Excel, and the API outputs JSON or CSV. To import into QuickBooks Desktop, Quicken or other software that reads bank files, you need a QBO, QFX, OFX, QIF or IIF file. ProperConvert saves all of those from the same statement.

Does Bank Statement Converter read scanned statements?

The site does not say how scans are handled, and its accuracy statement is that the team fixes files that convert wrong when you email them. ProperConvert has OCR for scanned statements built in and shows every transaction on screen before the file is written, so you can check and fix a row yourself.

What is a bank statement converter that keeps files on my computer?

ProperConvert. It runs on Windows and Mac, never uploads a statement, and saves the file formats that QuickBooks, Quicken, Xero and Sage import.