Zero setup, zero training
No templates, no labeled data, no schema files. Drop the document in and Docusift returns clean structured data.
Bank statement → OFX
Convert Bank statement to OFX
Drop a bank statement into Docusift and get a clean OFX back in seconds. No templates to maintain, no model training, no manual cleanup. Works on native PDFs, scans, and mobile photos alike.
Banks render statements as a fixed-width visual grid, not a table. Copy-paste collapses every transaction into one unusable column, dates and amounts drift apart across page breaks, and multi-line descriptions wrap in ways a spreadsheet cannot follow. A single missed row throws the running balance off for the rest of the month.
Docusift reads the statement the way a person does — it ties each amount to its own date and description, keeps the running balance aligned down every page, and splits debits from credits into their own columns. Multi-page statements and wrapped descriptions come out as clean, reconciled rows.
OFX is the open bank-feed format that QuickBooks, Xero, and most accounting tools accept — and none of them import a PDF. Docusift converts your bank statement to OFX so the data imports directly.
| Date | Description | Debit | Credit | Balance |
|---|---|---|---|---|
| 2026-04-02 | OPENING BALANCE | 4,182.55 | ||
| 2026-04-03 | ACH DEPOSIT — ACME PAYROLL | 3,600.00 | 7,782.55 | |
| 2026-04-05 | CARD 4471 — AWS EMEA | 212.40 | 7,570.15 | |
| 2026-04-09 | CHECK 1043 | 1,500.00 | 6,070.15 |
Example structured output
{
"document_type": "bank_statement",
"account": {
"bank": "First National",
"account_number_masked": "****4471",
"period": "2026-04-01 to 2026-04-30"
},
"opening_balance": 4182.55,
"closing_balance": 6070.15,
"transactions": [
{ "date": "2026-04-03", "description": "ACH DEPOSIT — ACME PAYROLL", "amount": 3600.00, "type": "credit", "balance": 7782.55, "confidence": 0.99 },
{ "date": "2026-04-05", "description": "CARD 4471 — AWS EMEA", "amount": -212.40, "type": "debit", "balance": 7570.15, "confidence": 0.98 }
]
}Why teams choose Docusift
98%+ field accuracy
Every value ships with a confidence score and a citation back to the source pixel in the original document.
Fast turnaround
Seconds per document, not minutes. Built for production pipelines, not batch jobs.
Privacy first
Workspace-isolated processing, encrypted in transit and at rest, and one-click data deletion.
Frequently asked questions
How do I convert a bank statement to OFX?
Upload the bank statement to Docusift via the dashboard or REST API. Docusift extracts every field, row, and table, then returns a clean OFX ready to download or push to your accounting tool — typically inside a second per page.
Why won't QuickBooks or Xero import my bank statement PDF?
Neither one reads PDF. QuickBooks imports QBO, QFX, OFX, or CSV; Xero imports CSV or OFX. Docusift converts your bank statement into the format they accept — or pushes the data straight in — so you skip the manual entry.
Is there a free bank statement to OFX converter?
Yes. Docusift's free tier covers 100 pages per month with no credit card required. That's enough to convert most monthly batches of bank statement for a small team.
What bank statement layouts are supported?
Any layout. Docusift parses the document visually rather than matching against a template, so it works on layouts it has never seen before — including multi-page, multi-column, and scanned variants.
Will the OFX match the original column order?
Yes. Docusift preserves the source structure where it makes sense and lets you remap columns or fields via a single config call when you need a different shape.
Do I need to train a model first?
No. Docusift recognizes hundreds of document types out of the box. Custom fields are configured with a single sentence — no labeled training data required.
How is pricing calculated?
Pay per page processed. There is a free tier for evaluation and volume discounts for production workloads. No seat fees.
Can Docusift handle scanned or photographed documents?
Yes. The pipeline runs OCR + layout analysis + extraction in one pass, so scans, mobile photos, and native PDFs all flow through the same endpoint.
Related converters
Start converting bank statement to ofx now
Free tier includes 100 pages per month. No credit card required.
Start free — no credit card