Bank Statement MagicBank Statement Magic

Frequently Asked Questions

Find answers to common questions about our bank statement converter. Can't find what you're looking for? Contact our support team.

How do I convert my bank statement PDF to Excel for free?

Upload your bank statement PDF to bankstatementmagic.com. New accounts get 7 free daily credits — no credit card required. Supports 1000+ banks globally including HDFC, SBI, ICICI, Chase, and Barclays. Visit our free bank statement converter — no sign-up required to start.

Which banks are supported?

We support 1000+ banks including SBI, HDFC, ICICI, Axis, Kotak, PNB, Bank of Baroda, Canara, HSBC, Citibank, Chase, Bank of America, Barclays, Wells Fargo, and many others worldwide. Browse our complete list of 1000+ supported banks including HDFC, SBI, Chase, Barclays and more.

Can I convert password-protected bank statements?

Yes. Provide your PDF password during upload (usually your date of birth or last 4 digits of your account number). Our tool unlocks and processes it like a standard PDF. You can also pre-process your file with our free PDF Password Unlock tool.

What export formats are available?

You can export to Excel (.xlsx), CSV (.csv), and Tally Prime XML (.xml) formats. All formats are compatible with popular accounting software like QuickBooks, Zoho Books, and Xero. Learn more about our free PDF tools for additional document processing.

How much does the bank statement converter cost?

We offer flexible plans to suit every need: • Free Plan: 7 conversions per day at no cost — no credit card required • Standard: $10/month for 600 pages per month • Pro: $15/month for 1,000 pages per month • Pro Plus+: $20/month for 1,500 pages per month • Business: $50/month for 5,000 pages per month All plans support 1000+ banks with Excel, CSV, and Tally Prime export. View our detailed pricing page for full plan comparison.

How long are my files stored?

Uploaded files are automatically deleted after 24 hours on paid plans and 12 hours on the free plan. We recommend downloading your converted file immediately.

Is it safe to upload my bank statement online?

Yes. All uploads use end-to-end 256-bit AES encryption. Files are processed in isolated environments and automatically deleted after conversion. We never share or permanently store your data.

Does it work on mobile phones?

Yes. The converter works on Android and iPhone browsers. For editing transactions before download, a desktop screen is recommended.

Can I convert Tally Prime bank statements?

Yes. Select Tally Prime format after upload. The converter generates XML or CSV files compatible with direct Tally Prime import with automatic ledger posting. See our pricing plans for Tally Prime XML export options.

What if the conversion accuracy is not good?

Our AI-powered converter achieves 99.8% accuracy for all supported banks. If you experience issues, contact support@bankstatementmagic.com and we will assist you within 24 hours.

Can I convert very old bank statements?

Yes. Our OCR technology handles legacy statement layouts. Users have successfully converted statements that are 5+ years old for audits, loan applications, and tax filings.

More Questions

What exactly does Bank Statement Magic do?

Bank Statement Magic turns your bank statements in PDF into structured Excel, CSV, or Tally Prime format. It automatically pulls out all transactions, including their date, description, debit amount, credit amount and running balance, and the account information, such as the name of the bank and account number and IFSC code. No typing, no copy-pasting, no headaches with the formatting.

Is my bank statement data safe?

Yes. All uploads are encrypted with 256-bit AES encryption. Your files are processed in a secure, isolated environment and permanently deleted after 24 hours of conversion. We never store, sell, or share your financial data with anyone.

Does Bank Statement Magic support Tally Prime and other accounting software?

Yes. Bank Statement Magic offers special download options for the Tally Prime XML file, enabling you to add your bank records to Tally without third-party software or reformatting. With other accounting systems such as QuickBooks, Xero, Sage, FreshBooks and Wave, the Excel and CSV output can be directly used as a direct column mapping import.

What if my bank statement PDF is password protected?

No problem. Use our free PDF Password Unlock tool to remove the password first, then upload the unlocked file for conversion. The entire process takes under a minute and works with all bank issued encrypted PDFs.

Can I edit my transactions after conversion?

Yes. After processing your statement, you have the option to make an edit option in every statement in real-time and then download them. Just have to press the pencil icon at the end of any row to correct a description, amount or date. This comes in handy particularly when a bank account description is not clear or requires a custom label to be used in your accounting books.

What other tools and features does Bank Statement Magic offer?

You have the two download options, namely Raw Data, which will export the statement as it is in the original bank PDF, and Smart Data, which will smartly reorganise your transactions into seprate debit, credit and balance columns so that they can be easily read and used in accounting. Four free PDF tools are also available on the site, which are PDF Split to separate large files into single pages, PDF Merge to join more than one PDF into one, PDF to Text to extract pure text of any PDF and PDF Password Unlock to unlock restricted bank files. All of these tools can be found on bankstatementmagic.com/tools.

Still have questions? Contact our support team — we respond within 24 hours. Or try our free bank statement converter now.

Contact Support