Bank Statement Extraction Software

Bank Statement Extraction Software for Finance and Tax Teams

Automatically extract transaction history, opening and closing balances, and account details from bank statement PDFs across all major banks and formats.

What Paperloom extracts

Built specifically for bank statement extraction

Transaction Extraction

Date, description, debit, credit, and running balance extracted for every transaction in the statement period.

Account Details

Account number, account holder name, bank name, statement period, opening balance, and closing balance captured automatically.

Multi-Bank Support

Works with statement formats from HSBC, Barclays, Chase, Bank of America, Citibank, and hundreds of other global banks.

Category Classification

Transactions auto-classified by type — salary, utilities, rent, subscriptions, transfers — for spend analysis and reconciliation.

Multi-Page Statements

Process bank statements with hundreds of transactions across multiple pages without any size or page count limits.

Excel and CSV Export

Export all transactions as structured CSV or Excel, ready for accounting systems, tax software, or financial analysis tools.

How it works

From raw document to structured data in seconds

  1. 1

    Upload bank statement PDFs — monthly statements, multi-month, or combined account statements.

  2. 2

    Paperloom identifies the bank format and applies the appropriate extraction schema.

  3. 3

    All transactions, balances, and account details are extracted and structured.

  4. 4

    Transactions are classified by type and amount ranges for easy filtering and analysis.

  5. 5

    Export as CSV or Excel for your accounting system, tax software, or financial reports.

Use cases

Who uses Paperloom for bank statement extraction

Financial Reconciliation

Finance teams extract transaction data from bank statements to reconcile with internal records, catching discrepancies and missing entries faster.

Tax Preparation

Tax teams and accountants extract full transaction history from bank statements to prepare accurate tax filings without manual data entry.

Loan Underwriting

Lenders and underwriters extract income, expense patterns, and account balances from bank statements to assess financial health quickly.

Expense Analysis

Operations teams extract and categorize bank transactions to analyse spending patterns, vendor payments, and cost trends over time.

Start extracting documents free today

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Frequently asked questions about bank statement extraction

What is bank statement extraction software?

Bank statement extraction software reads bank statement PDFs and automatically pulls out account details, transaction history, dates, amounts, and balances in structured format for accounting, tax, and financial analysis workflows.

Which banks does Paperloom support?

Paperloom supports statement formats from hundreds of global banks including HSBC, Barclays, Chase, Bank of America, Citibank, Wells Fargo, and most regional banks. It adapts to bank-specific layouts without manual template setup.

Can it handle multi-page statements with many transactions?

Yes. Paperloom processes bank statements with hundreds of transactions across any number of pages and maintains accurate transaction ordering throughout.

Does it work with statements in different currencies?

Yes. Paperloom identifies and preserves currency codes for multi-currency accounts and statements with foreign exchange transactions.

What format does the extracted data export to?

Extracted bank statement data exports as CSV or Excel, structured with date, description, debit, credit, and balance columns ready for import into accounting or ERP systems.