Bank Statement To Excel vs Nanonets

Honest side-by-side comparison for 2026. Pricing, free tier, output formats, OCR, API access, and which to pick for your use case.

FeatureBank Statement To ExcelNanonets
Free tier1 free conversion every 24 hours, no signup. Free signup = 2 pages/day.Free trial; paid plans required for ongoing use
Starting priceStarter $12/month for 400 pages. Annual saves 50%.From $499/month (Pro) — enterprise-oriented pricing
Output formatsXLSX, CSV, JSON, QBO, QFX, OFXExcel, CSV, JSON, XML, API
Bank coverage1,000+ banks across US, UK, EU, India, APAC, Middle East, Australia, CanadaBank-statement model trained across global banks
OCR (scanned PDFs) Yes Yes
API access Yes Yes
Refund7-day no-questions refundSee vendor terms
Data retentionOriginal PDFs deleted within 24 hoursSee vendor privacy policy

When to choose Bank Statement To Excel

  • You want to try before paying — first conversion is free, no signup.
  • You need every output format (Excel, CSV, JSON, QBO, QFX, OFX) on one plan.
  • You convert statements from multiple countries, not just the US.
  • You want a parser that adapts to new bank layouts without setup.

When Nanonets might fit better

Teams already using Nanonets for invoices, receipts, or other document workflows.

Powerful for multi-document workflows; price point assumes you'll use the platform broadly.

Try it free — convert one statement now

No signup, no credit card. Drop a PDF and download the Excel file in under 30 seconds.

See How It Works

Bank Statement To Excel vs Nanonets — FAQ

Is Bank Statement To Excel cheaper than Nanonets?

Bank Statement To Excel starts at $12/month for 400 pages, with a free tier that lets you convert one statement every 24 hours without signup. Nanonets pricing: From $499/month (Pro) — enterprise-oriented pricing. Per-page cost varies — see the table on this page for the head-to-head.

Does Bank Statement To Excel support the same banks as Nanonets?

Yes. We support 1,000+ banks worldwide including all major US, UK, EU, India, APAC, Middle East, Australia, and Canada institutions. Nanonets: Bank-statement model trained across global banks.

Can I migrate from Nanonets without re-doing my workflow?

Yes — both tools output Excel and CSV in similar schemas. If you've been importing into QuickBooks, Xero, or another accounting tool, switching the source from Nanonets to Bank Statement To Excel takes minutes, not hours.

What if my bank works on Nanonets but not here?

Email us the failing PDF and we'll tune the parser within 24–48 hours, free. We use a layout-agnostic AI parser, not hand-written templates per bank, so most unlisted banks already work.