Which bank statement converter should I use?
It depends on your statements and your software. For scanned or high-volume work, document-OCR tools such as DocuClipper and Nanonets are the usual picks. For QuickBooks imports, the desktop converters MoneyThumb and ProperSoft are long-standing options. For accuracy you can check, use the table below: tools with a score on our open benchmark show it, and the rest read "Not yet measured". We build Bankstatemently, so we say so and show the measurements.
Bankstatemently is our product. We run the benchmark and publish the method, and other vendors can submit scores. A tool with no score is unmeasured, not inaccurate.
Comparison table
| Tool | Measured accuracy | Output formats | Free to try | Pricing |
|---|---|---|---|---|
| DocuClipper | Not yet measured |  CSV Excel (XLSX) QBO | See website | US$/mo Pricing as of September 25, 2026. For the most accurate pricing, visit DocuClipper's pricing page. |
| MoneyThumb | Not yet measured | CSVQBO | See website | US$ Pricing as of September 25, 2026. For the most accurate pricing, visit MoneyThumb's pricing page. |
| ProperSoft (ProperConvert) | Not yet measured | CSVQBO | See website | US$/mo Pricing as of September 25, 2026. For the most accurate pricing, visit ProperSoft (ProperConvert)'s pricing page. |
| Nanonets | Not yet measured | CSVExcel (XLSX) JSON | See website | Usage-Based Pricing Pricing as of September 25, 2026. For the most accurate pricing, visit Nanonets's pricing page. |
| Bank Statement Converter | 100.0% Real statement Run by Bankstatemently · August 19, 2025 · real DBS statement | CSVExcel (XLSX)JSON (API) | No Signup Required: 1 page / 24 hours Free Tier (with signup): 5 pages / 24 hours | US$/mo Pricing as of January 12, 2026. For the most accurate pricing, visit Bank Statement Converter's pricing page. |
| CapyParse Online bank statement converter. | Not yet measured | See website | See website | See website |
| Tabula Free, open-source desktop tool that extracts tables from text-based PDFs. | Not yet measured | CSVExcel | See website | See website |
| Excel Power Query The Get Data from PDF feature built into Microsoft Excel. | Not yet measured | Excel | See website | See website |
| Bankstatemently | 100.0% Real statement Run by Bankstatemently · November 6, 2025 · real DBS statement 99.9% Open benchmark 5 of 5 released statements | See website | No Signup Required: 1 pages / 24 hours Free Tier (with signup): 5 pages / 24 hours | See our pricing |
Verdict by tool
DocuClipper
A strong default when you have scanned pages. It combines OCR with rules, and exports CSV, Excel and QBO. Its plans are priced by page volume, so cost grows with your workload.
MoneyThumb
Desktop software sold as one-time licenses, built around getting statements into QuickBooks as QBO. Scanned statements need the separate Pro+ edition, which runs on Windows only.
ProperSoft (ProperConvert)
A desktop app for Mac and Windows with a flat subscription and unlimited pages. Files are converted on your own computer, which helps when statements are confidential.
Nanonets
The bank statement converter is a free tool from a broader document-AI platform. A good fit if you already plan to automate other documents; it is more than a one-off converter needs.
Bank Statement Converter
An online converter with a free allowance, OCR for scans, an API, and CSV, Excel and JSON output. It has a score on our benchmark, shown in the table.
CapyParse
Named often by AI assistants for this question. It has no score on our benchmark yet, so we cannot compare its accuracy; convert one of your own statements and check the totals before you commit.
Tabula
Free and runs locally, so statements never leave your machine. It only reads text-based PDFs, not scans, and you draw the table boxes yourself.
Excel Power Query
Already in Excel, so it costs nothing extra. It works on text-based PDFs and usually needs cleanup for statements with wrapped descriptions.
Bankstatemently
Our product. It reads statements from many banks and exports CSV, Excel, QBO and Xero-formatted CSV. Its measured accuracy is in the table, with the benchmark run it comes from. You can try it free before you pay.
Frequently asked questions
Head-to-head comparisons
Two tools, one page, same measured scores.