ConvertStatement vs EasyBankConvert
EasyBankConvert.com is an online bank statement converter that uses OCR technology to extract transactions from PDF statements. It supports multiple banks and uses credit-based pricing. ConvertStatement uses rule-based parsers rather than OCR, offering deterministic extraction for supported banks.
Feature
ConvertStatement
EasyBankConvert
Parsing approach
Rule-based parsers per bank — exact, deterministic extraction every time
OCR-based extraction — works with more banks but accuracy depends on scan quality
Pricing model
From $9/month for 300 pages — simple monthly plans
Credit-based pricing — pay per conversion, costs vary by document complexity
Free tier
10 pages without signup, 50 pages/month with free account
Limited free credits to try the service
Accuracy on supported banks
Exact match — rule-based parsers produce identical results every run
OCR accuracy varies — scanned or low-quality PDFs may produce errors
Export formats
CSV, Excel, OFX, QBO — all accounting formats included
CSV, Excel, QBO — standard format support
Processing
Instant — results in under 30 seconds
Cloud OCR processing — may take longer for multi-page statements
Data storage
Zero storage — processed in memory only, never saved
Cloud-based processing — files uploaded for OCR processing
Bank coverage
15 banks with dedicated parsers — guaranteed accuracy for each
Broader coverage via OCR — works with more banks but accuracy not guaranteed
The verdict
Choose ConvertStatement if your bank is supported and you need guaranteed accuracy with zero data storage. Choose EasyBankConvert if you need OCR-based conversion for banks not covered by rule-based parsers.