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How to Convert MACH Statements
Upload Your MACH Statement
Drag and drop your bank statement PDF into the upload zone.
Automatic Processing & Validation
Our dual-engine system (AI + deterministic rules) extracts your data, then applies bank-specific validation and post-processing to handle formatting challenges and ensure correct credit/debit classification.
Download as CSV, Excel, QBO or Xero
Get production-ready CSV, Excel, QBO, or Xero files compatible with Defontana, Nubox, Manager Software. No manual cleanup needed.
Common Statement Challenges
We haven't seen an MACH bank statement yet, but based on bank statements we've processed, here are common challenges we handle:
Currency Symbols Breaking Numeric Parsing
Many statements embed currency symbols (e.g., "$1,234.56") directly in amount cells, which breaks numeric parsing in Excel and most CSV importers. We strip these symbols so amounts import as clean numbers.
Detected in American Express, BCA, and 23 others
Running Balance Cross-Check
Many statements include a running balance column that most converters ignore. Without validating it, missing or duplicate transactions go undetected. We extract this balance and cross-check it against opening/closing balances to ensure every transaction is accounted for.
Detected in Addition Financial, Alliance Bank, and 49 others
Separate Credit & Debit Columns
Many statements use separate Credit and Debit columns in some formats, while others use a single Amount column with signs. Treating one layout like the other leads to wrong amounts or flipped signs. We automatically detect which layout is used and normalize the output.
Detected in ABN AMRO, Addition Financial, and 46 others
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Why Choose Bankstatemently?
We've tested our converter against competitors using the same benchmarking framework. See how we achieved 99.9%+ accuracy on our DBS statement test.
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