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Bank Statement Magic vs Bank Statement Converter

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

Bank Statement Magic compared with Bank Statement Converter
DetailBank Statement Magic logo Bank Statement MagicBank Statement Converter logo Bank Statement Converter
What it doesConvert bank statement PDFs to Excel or CSV in seconds with 99.9% accuracy Convert PDF bank statements to Excel or CSV in minutes
StageNot given Not given
Founded2023 Not given
Based inIN Not given
Pricing modelFreemium Freemium
PricingFree Plan: 7 conversions per day, no credit card required. Standard: $10/month for 600 pages/month. Pro: $15/month for 1,000 pages/month. Pro Plus+: $20/month for 1,500 pages/month. Business: $50/month for 5,000 pages/month. Annual billing offers up to 20% discount. Free: 10 pages per day (with account) or 5 pages per day (without). Basic: $5/month billed yearly ($60/year) or $10/month billed monthly, includes 600 pages per month. Pro: $10/month billed yearly ($120/year) or $20/month billed monthly, includes 1,800 pages per month and OCR for scanned statements.
Key features
  • AI-powered bank statement recognition for all layouts worldwide
  • Converts statements in under 5 seconds
  • 99.9% accuracy across all bank statement formats
  • Support for password-protected PDFs
  • Multiple export formats: Excel, CSV, Tally Prime, QBO, QIF, QFX, OFX, XLSX, IIF, QFX
  • Direct integration with Tally Prime, QuickBooks, Xero, Sage, Wave, FreshBooks, Zoho Books
  • 256-bit AES encryption for all file transfers
  • Automatic file deletion within 24 hours (paid) or 12 hours (free)
  • In-browser editing of individual transactions before download
  • Manual mode to fix columns and layout
  • OCR for scanned statements
  • Batch conversion for multiple files
  • Balance checking against running balance
  • Excel and CSV download formats
  • Preview before download
  • Dates as real dates and amounts as numbers
  • Support for scanned and password-protected PDFs
What makes it different
  • Three download options: Raw Data (exact copy), Smart Data (cleaned), and Tally Prime XML
  • Handles both text-based and scanned PDFs automatically without manual settings
  • Trusted by 50,000+ users across 30+ countries
  • No manual retyping of transactions
  • Rows checked against running balance before download
  • Works with most banks without configuration
  • Data deleted within an hour of upload
Community votes00
DR (Domain Rating by Ahrefs)3 no change since last checkNot checked yet no change since last check
Trust Flow (Majestic)60
Citation Flow (Majestic)120
Referring domains (Majestic)160

5 details filled in for both companies.

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