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Best bank statement converters for Xero (2026)

Which bank statement converters publish a Xero bank statement file, what do they charge, and which ones check the rows against the printed balances first?

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Last checked October 2026. Deciding column: Xero file. 11 tools listed, 1 left out as not published.

What the table shows

Eleven of the 26 converters checked in October 2026 publish a Xero bank statement file on their own homepage or pricing page: stmtai, ParseBank, ParseStatement, DocuClipper, Lido, FlowParse, StatementToBudget, MintConvert, CleanStmt, StatementTable and StatementBridge. Xero imports a CSV in its own column order (Date, Amount, Payee, Description, Reference) or an OFX under Import a Statement, and stops on the first badly formatted date. DocuClipper lists $20.30/month billed annually for 60 pages (Starter); $111.30/month billed annually for 640 pages (Business); $279.30/month billed annually for 1,800 pages; unlimited users on every plan; unused pages do not carry forward; MintConvert lists Pro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro. EasyLedger does not say on the pages read whether it publishes a Xero bank statement file, so it is left out rather than guessed. stmtai is in the list on the same terms, and so are its limits: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics. Every cell below names the page it was read from; a value the site does not show is printed as not published.

Side by side

ToolExportsPriceFree tierBalance checkYour file afterwards
stmtai this siteExcel, CSV, QuickBooks, Xero, Tally XML, QuickBooks CSV src$19 one time for 100 pages that never expire; $29/month for 300 pages; $99/month for 1,200 pages src5 pages with no account, then 10 pages a month with a free account; every export included srcyes srcDeletion of the uploaded file starts when processing ends; results kept 7 days with an account src
ParseBankExcel, CSV, QuickBooks, QBO, Xero, JSON src$30/month for 400 pages (Starter); $60/month for 1,000 pages (Business, adds the REST API); $99/month for 4,000 pages (Corporate); monthly plans only src1 page a day with no account; Free plan 10 pages a month with every export format srcyes srcOriginal deleted when conversion finishes; extracted data kept for a retention period you set, 7 days to forever src
ParseStatementCSV, Excel, Google Sheets (paid), OFX (paid), QIF (paid), QuickBooks CSV (paid), Xero CSV (paid), Tally CSV (paid), PDF review reports (paid) src$9/month for 500 pages (Starter); $19/month for 1,500 (Growth); $39/month for 5,000 (Business); unused paid pages roll over up to twice the allowance src5 pages with no account, or 10 pages a day signed in; free pages reset daily srcnot publishednot published
DocuClipperExcel, CSV, QBO, IIF, OFX, QFX, QIF, Xero, direct push to QuickBooks Online and Xero src$20.30/month billed annually for 60 pages (Starter); $111.30/month billed annually for 640 pages (Business); $279.30/month billed annually for 1,800 pages; unlimited users on every plan; unused pages do not carry forward src14-day trial, up to 120 pages, no card srcyes srcYou control retention and can delete documents at any time src
LidoExcel, CSV, QBO, Xero CSV, QIF, Tally XML, JSON, REST API src$29/month for 100 pages, 1 user (Standard); $7,840/year for 42,000 pages with API and workflow access (Scale; the same page's FAQ says $7,000/year); Enterprise from $35,000/year; the converter page also quotes $119/month for 500 and $199/month for 1,000 pages src50 pages, no card srcnot publishedDocuments are automatically deleted after 23 hours src
FlowParseExcel, CSV, QBO, QFX, Xero srcnot published10 pages a month free, no card; Smart Merge of up to 5 files; CSV and Excel export; API access srcyes srcPDF deleted after processing; EU hosting; processed documents re-downloadable from the dashboard src
StatementToBudgetExcel, CSV, QuickBooks Online CSV (3- and 4-column), QBO (QuickBooks Desktop), Xero CSV, OFX srcPro and Bookkeeper monthly plans and a Page Pack whose credits do not expire; a single file can be unlocked for $9.99; the plan figures are not readable in the fetched text src3 pages free with no signup srcyes srcUploads deleted after extraction; rows kept 30 days for re-download, then removed src
MintConvertCSV, Excel, QBO, Xero CSV, OFX, JSON, Google Sheets, Tally XML, Zoho Books, FreshBooks srcPro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro srcUnlimited single conversions with all export formats srcnot publishedZero-retention: the PDF is deleted on conversion and no transactions are stored src
CleanStmtExcel, CSV, QIF, IIF, OFX, QBO, QFX, Tally, Xero, Sage 50 UK, Word src$19/month for 500 pages; $39/month for 1,200; $79/month for 3,000; credit packs at $19, $39 and $69 valid 12 months; all export formats and batch on paid plans src2 pages a day with no signup, 6 a day with a free account; copy, Excel and CSV exports; files wiped in 1 hour srcnot publishedSource PDFs and images are not stored; results kept 7 days with a subscription or credit pack, deletable early src
StatementTableExcel, CSV, CSV for import, QBO, OFX, QFX, QIF srcCredit packs that never expire: $9 for 60 pages, $29 for 300, $79 for 1,000; plans $19/month for 200 pages and $49/month for 600 with unlimited users; unused packs refundable within 14 days src10 pages a day during the launch offer (normally 3), no account, no card, every export format srcyes srcThe file exists only while the conversion runs, then it is deleted; the model provider deletes inputs within 30 days src
StatementBridgeExcel, CSV, OFX, TOConline XLSX, QuickBooks templates (Starter and above), Xero templates (Starter and above) src$15/month for 100 pages (Starter); $39/month for 300 pages (Pro, adds bulk uploads); $129/month for 1,000 pages (Firm, adds the API and unlimited users); extra pages $0.15; 14-day money-back guarantee src10 pages a month, CSV export, no card srcyes srcnot published

Values are as published on each tool's homepage or pricing page in October 2026; they may have changed. not published means those pages do not say.

Which to pick

  • stmtai: Statements only, with the balance proven before download, TallyPrime XML, and the API and email-in on every plan including the free one. 5 pages are free with no account, and the "Xero file" column above is read from this site's own pages like every other row. Its limits: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics.

  • ParseBank: Statements in French, German, Spanish or Italian, and a JSON export with a retention setting you control. Price: $30/month for 400 pages (Starter); $60/month for 1,000 pages (Business, adds the REST API); $99/month for 4,000 pages (Corporate); monthly plans only.

  • ParseStatement: Indian bank and wallet statements (PhonePe, Google Pay, Paytm) at the lowest subscription price per page in this table. Price: $9/month for 500 pages (Starter); $19/month for 1,500 (Growth); $39/month for 5,000 (Business); unused paid pages roll over up to twice the allowance.

  • DocuClipper: Firms that also extract invoices, receipts and brokerage statements and want a direct push into QuickBooks Online or Xero, with SOC 2 Type II paperwork. Price: $20.30/month billed annually for 60 pages (Starter); $111.30/month billed annually for 640 pages (Business); $279.30/month billed annually for 1,800 pages; unlimited users on every plan; unused pages do not carry forward.

  • Lido: Teams extracting many document types (invoices, receipts, contracts, statements) with validation rules, SOC 2 Type 2 and HIPAA paperwork. Price: $29/month for 100 pages, 1 user (Standard); $7,840/year for 42,000 pages with API and workflow access (Scale; the same page's FAQ says $7,000/year); Enterprise from $35,000/year; the converter page also quotes $119/month for 500 and $199/month for 1,000 pages.

  • FlowParse: Merging a year of statements, or statements and invoices together, into one reconciled Excel workbook. Price not published on its site (checked October 2026).

  • StatementToBudget: A spending dashboard alongside the export, and CSV, XLS or OFX uploads as well as PDFs. Price: Pro and Bookkeeper monthly plans and a Page Pack whose credits do not expire; a single file can be unlocked for $9.99; the plan figures are not readable in the fetched text.

  • MintConvert: The widest export list in this table, including Tally XML, Zoho Books, FreshBooks and Google Sheets, with a free plan for single conversions. Price: Pro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro.

  • CleanStmt: Pasting a screenshot of a statement from the clipboard, and a Sage 50 UK export. Price: $19/month for 500 pages; $39/month for 1,200; $79/month for 3,000; credit packs at $19, $39 and $69 valid 12 months; all export formats and batch on paid plans.

  • StatementTable: Photographing a paper statement page by page on a phone, with the running balance rebuilt and the wrong row marked in the download. Price: Credit packs that never expire: $9 for 60 pages, $29 for 300, $79 for 1,000; plans $19/month for 200 pages and $49/month for 600 with unlimited users; unused packs refundable within 14 days.

  • StatementBridge: Portuguese, Spanish and Brazilian banks, with a TOConline export and the balance checked to the cent before export. Price: $15/month for 100 pages (Starter); $39/month for 300 pages (Pro, adds bulk uploads); $129/month for 1,000 pages (Firm, adds the API and unlimited users); extra pages $0.15; 14-day money-back guarantee.

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Questions

Which of these can I try free?

Ten of the 11 listed publish a free tier rather than a trial. stmtai: 5 pages with no account, then 10 pages a month with a free account; every export included. ParseBank: 1 page a day with no account; Free plan 10 pages a month with every export format. ParseStatement: 5 pages with no account, or 10 pages a day signed in; free pages reset daily. Lido: 50 pages, no card. FlowParse: 10 pages a month free, no card; Smart Merge of up to 5 files; CSV and Excel export; API access. StatementToBudget: 3 pages free with no signup. The free tier column has the other 4.

Does stmtai publish a Xero bank statement file?

Yes, as the table shows from this site's own pages. The things it does not do are listed too: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics. The first 5 pages need no account, so the quickest check is to drop a statement in below and look at the result.

How were the tools chosen?

Each tool's homepage and pricing page were read in October 2026 and the values copied into one table with the URL they came from. A tool appears here when those pages state that it publishes a Xero bank statement file; EasyLedger was left out because its pages do not say. Nothing is ranked by opinion; the order is stmtai first, then the tools as they appear in the table.

How do I import the file into Xero?

Click Xero. In Xero: Accounting → Bank accounts → the account → Manage Account → Import a Statement. The full steps are on the Bank statement to Xero page.

Sources (October 2026)

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