ParseBank alternative: stmtai vs ParseBank

ParseBank and stmtai agree on the main point: a statement prints its own answer key in the running balance, and a converter should rebuild it and flag what does not fit. Both also delete the original file when conversion finishes. The differences are in how pages are sold, which plan the API starts on, and the Tally XML export. Prices are from parsebank.io in October 2026.

Last updated October 20, 2026

Convert a statement free5 pages free, no account.

Tally XML. TallyPrime XML export: Receipt and Payment vouchers for Alt+O import, alongside Excel, CSV, QuickBooks and Xero.
Non-expiring pack. $19 buys 100 pages that never expire, and no statement is charged more than 15 pages.
API and email-in. REST API and email-in on every plan, including the free one.
Your file. Deletion of your file starts when processing ends; results are kept 7 days with an account, 1 day without.
Balance check. There is no per-bank template: every row is added up against the opening and closing balances printed on the statement, and a misread is flagged, not hidden. How the balance check works

Side by side

Feature	ParseBank	stmtai
Reconciliation before download	Yes ("Verified, not just extracted"): the running balance is rebuilt from the extracted numbers and a row that breaks the chain is flagged for review in the editor	Yes; the first row that does not follow the running balance is highlighted and a one-click debit/credit swap is offered
Free trial	1 page a day with no account; Free plan 10 pages a month with every export format	5 pages free with no account, then 10 pages every month with a free account; every export format included
Entry price	$30/month for 400 pages (Starter)	$19 one time for 100 pages that never expire ($0.19 a page), or $29/month for 300 pages
Mid tier	$60/month for 1,000 pages (Business); adds the REST API	$29/month for 300 pages; the API is on every plan
High tier	$99/month for 4,000 pages (Corporate)	$99/month for 1,200 pages and 10 seats
One-time purchase	Monthly plans only; no pack on the pricing page (checked October 2026)	Pages Pack: $19 for 100 pages that never expire; no statement is charged more than 15 pages
Inputs	PDF, scans and phone photos, password-protected PDFs, multi-photo statements; statements in French, German, Spanish and Italian as well as English	PDF, scan, photo, CSV, QIF, OFX; password-protected PDFs unlocked in the browser
Exports	Excel, CSV, QuickBooks, Xero, JSON (the plan table also lists QBO)	Excel, CSV, QBO, Xero CSV, Tally XML, QuickBooks CSV
Tally XML	Not listed (checked October 2026)	Yes, TallyPrime XML (Receipt and Payment vouchers) on every plan
API	REST API with API keys on Business ($60/month) and Corporate	Every plan including Free: create, upload, poll, export, optional signed callback
Email a statement in	Not listed (checked October 2026)	Yes: email the PDF from your account address and get the Excel back by reply, with the balance verdict
Batch	Not published on their site (checked October 2026)	Up to 12 files, 60 pages each; one workbook with a sheet per statement and a continuity check between months
Your file after processing	Original deleted the moment conversion finishes, on every plan; extracted data expires, with a retention setting from 7 days to forever	Deletion starts when processing ends; lifecycle is the fallback; result expires after 7 days

ParseBank prices and features as listed on parsebank.io and parsebank.io/pricing in October 2026. They may have changed; check their site.

Sources: parsebank.io/, parsebank.io/pricing

When ParseBank is the better choice

Your statements are in French, German, Spanish or Italian: ParseBank lists six statement languages and reads them visually.
You want a JSON export, or a retention setting you control (7 days to forever).
You need 400 or more pages a month on a subscription: $30 for 400 and $60 for 1,000 are more pages per month than Pro here.
Deletion is not a reason to pick either: both remove the original when conversion finishes.

When stmtai is the better choice

You import into TallyPrime: Receipt and Payment vouchers as XML, on every plan.
You convert in bursts: a $19 pack buys 100 pages that never expire, and no statement is charged more than 15 pages; ParseBank sells monthly allowances only.
You want the REST API or email-in without a $60 a month plan (ParseBank Business): both are on every plan here, including Free.
You want to try it properly first: 5 pages with no account rather than 1 page a day.

Try it on your own statement

5 pages free, no account. You will know in under a minute whether it balances.

Drop your bank statements here

One file or a whole year. PDF, scanned image, CSV, QIF or OFX. Up to 12 files at a time; long PDFs are split for you.

Not ready to upload your own? See a sample result

Questions

Does ParseBank check the balance the way stmtai does?

Yes. Both rebuild the running balance from the extracted rows and flag the row that breaks it, and both let you fix it in the table before export. Try a statement you know to be awkward in each; the differences are in pricing structure, where the API starts and the Tally XML export, not in the idea.

Which is cheaper for occasional use?

Both free plans give 10 pages a month with an account. Beyond that ParseBank starts at $30 a month for 400 pages; here a $19 pack buys 100 pages that never expire, so a few statements a quarter cost nothing in the quiet months. At several hundred pages every month, compare ParseBank Starter with Pro at $29 for 300 pages.

Can I try both on the same statement?

Yes. ParseBank gives one page a day without an account; here the first 5 pages need no signup. Drop the same PDF into each and compare the flagged rows.

Roundups that list ParseBank

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Roundups: every converter side by side · Full pricing · All banks and formats

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