Frequently Asked Questions

StatementBridge is an online tool that lets you convert bank statements and transaction files between different formats such as MT940, CAMT.053, CSV, Excel, OFX and more. Upload a file in one format and download it in the format your accounting software requires.

StatementBridge supports MT940 (SWIFT), CAMT.053 (ISO 20022), CAMT.054, CSV, Excel (.xlsx), OFX, CODA (Belgian), DATEV (German) and PDF (with AI extraction). For both import and export.

This is usually because the file format from your bank doesn't match what your accounting software expects. Banks provide files in MT940, CAMT.053 or CSV, but each accounting package has its own requirements. StatementBridge solves this by converting the file to the correct format.

Yes, StatementBridge offers a free plan with 3 conversions per month and a maximum of 25 transactions per file. For unlimited use, you can upgrade to the Pro subscription for €25 per month or €249 per year.

Yes. Files are only temporarily processed for the conversion. All communication runs over HTTPS. Passwords are stored as bcrypt hashes and API keys are stored encrypted.

MT940 is the older SWIFT standard for bank statements, used by many Dutch and European banks. CAMT.053 is the newer ISO 20022 XML standard that contains more detailed information. Many banks are transitioning from MT940 to CAMT.053, which can cause import problems in older accounting software.

Yes. Upload your CSV file, map the columns to the correct fields (date, amount, description, etc.) and choose MT940 as the export format. StatementBridge generates a valid MT940 file that you can import into your accounting software.

PDF bank statements don't contain structured data. StatementBridge uses AI (OpenAI or Anthropic) to recognise transactions from the PDF. You need your own API key and a Pro subscription for this feature.