Statement2CSV VS BankStatementMagic

Compare Statement2CSV VS BankStatementMagic and see what are their differences

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Statement2CSV

Free, private, in-browser tool that converts PDF bank statements into clean CSV or Excel files. Nothing is uploaded — all parsing happens on your device.

BankStatementMagic

Convert bank statement PDFs from 1000+ banks to Excel/CSV format. Free, fast, secure, and accurate with 99.8% precision. Supports HDFC, ICICI, SBI, Axis, Kotak, and all major banks.

Landing page //
2026-08-05

Image date //
2026-03-24
Image date //
2026-03-24

Convert bank statement PDFs from 1000+ banks to Excel/CSV format. Free, fast, secure, and accurate with 99.8% precision. Supports HDFC, ICICI, SBI, Axis, Kotak, and all major banks.

Statement2CSV

Website: elgomass.github.io
Pricing URL: -
$ Details: free
Release Date: -

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BankStatementMagic

Website: bankstatementmagic.com
Pricing URL: Official BankStatementMagic Pricing
$ Details: freemium $10.0 / Monthly (600 page / month)
Release Date: 2026 March

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Statement2CSV features and specs

Free and accessible
The tool is hosted on GitHub Pages and appears to be free to use, making it accessible without requiring payment or subscription for converting statements to CSV format.
Browser-based convenience
Since it runs in the browser, users don't need to install any software or dependencies, allowing quick access from any device with a web browser.
Privacy-friendly potential
Client-side processing tools like this often process data locally in the browser rather than uploading sensitive financial data to a server, which can be a privacy advantage if implemented this way.
Simple single-purpose tool
Being focused on one specific task (converting statements to CSV) makes it straightforward to use without unnecessary features or complexity.
Open source transparency
Hosted on GitHub, the tool likely has publicly available source code, allowing users to verify how their data is processed and contribute improvements.

BankStatementMagic features and specs

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Analysis of BankStatementMagic

Overall verdict

BankStatementMagic appears to be a useful tool for converting PDF bank statements into structured, editable formats like Excel, CSV, or QBO, saving time compared to manual data entry. It is generally considered a good option for individuals and businesses needing to automate financial data extraction, though as with any OCR-based tool, accuracy may vary depending on the statement format.

Why this product is good

Automates conversion of PDF bank statements into usable formats (Excel, CSV, QBO)
Saves significant time compared to manual data entry
Supports multiple bank statement formats and layouts
Reduces human error in transcribing financial data
Useful for bookkeeping, accounting, and financial analysis tasks