A free BankStatementConverter alternative
BankStatementConverter.com is a well-known bank statement converter. If you're comparing options, here is how BankStatementHub works and where it differs, so you can pick what fits.
| BankStatementHub | BankStatementConverter | |
|---|---|---|
| Free without an account | Yes. Statements of up to 10 pages per conversion, plus up to 20 scanned pages a day | 1 page every 24 hours without an account; more with a free account |
| Export formats | Excel, CSV, QuickBooks, Xero, Quicken, OFX | Excel (see their site for other formats) |
| Row-by-row check against the running balance | Yes, plus opening/closing balance and printed totals | See their site |
| Review rows next to the original page | Yes, before you download | See their site |
| Bulk conversion into one workbook | Up to 20 statements, with missing months and pages flagged | See their site |
| Scanned and password-protected PDFs | Yes | See their site |
Details about BankStatementConverter come from its public website as of October 2026 and may have changed; check their site for current plans and features. BankStatementHub is not affiliated with BankStatementConverter.
Why the running-balance check matters
Converted statements usually look right. The mistakes that cause trouble are quiet ones: a day and month swapped, a deposit read as a withdrawal, a digit lost from a large amount, or a row missing across a page break. Most statements print a running balance on every row, so BankStatementHub checks that each transaction takes the previous balance to the next one, and that the opening balance plus every transaction equals the closing balance the bank printed. When something doesn't add up, you see the exact row next to the original page before you download.
When BankStatementHub is a good fit
- You want to convert a statement now, without creating an account.
- You're importing into QuickBooks, Xero or Quicken and need the right file format.
- You're converting a year of statements and need to know none are missing.
- You need to show an accountant or lender that the numbers match the bank's totals.
Try it with your statement
Free, no signup. Files are processed in memory and never stored.