Nigeria's Free Bank Statement Converter

How bank statements build your Money OS

Importing and categorising your transactions is one of the fastest ways to improve the accuracy of your Financial Health Score and OS Index. The Health Score relies on real income and expense data for savings rate (22 pts), budget adherence (5 pts), and debt pressure calculations. Without clean, categorised data, your OS Index is just an estimate.

Once categorised, you can:

• Feed accurate numbers into the Budget tracker for better variance tracking.
• Spot spending leaks that drag down your savings rate and emergency fund progress.
• Import directly into the Spending dashboard (Plus) to update Net Worth trajectory and OS Glance score.
• Log the insight as a "win" — consistent review builds streak and compounds OS gains over time.

Regularly reviewing categorised statements shows you where your money is actually going — usually the first step to fixing it. The converter makes that review frictionless.

2026 Nigerian context & benchmarks

Many households still rely on manual tracking or bank apps that don't categorise well. High-interest debt and low emergency funds remain common (most have <1 month coverage). Auto-categorised statements remove the barrier to data-driven decisions. Pair this with the OS Snapshot to see exactly how better visibility translates into higher Health Score and composite Index.

Step-by-step: turn statements into OS progress

1. Download your PDF from your bank's app or internet banking (use the last 3–12 months for best insights).
2. Upload above — preview free, no account needed for first pages.
3. Review auto-categorised transactions (edit categories if needed).
4. Download CSV/Excel or (with account) import to Spending dashboard.
5. Update your Budget and Savings Goals with the real numbers.
6. Re-calculate Health Score — watch savings rate, debt pressure and budget adherence improve.
7. Repeat monthly — build streak and keep your OS Index current.

Security note: processing happens in-browser or server memory only. No files are stored long-term. For Plus users, imports flow straight into your personal Money OS data for personalised recs and projections.

Why Rateweb's converter

• Automatic categorisation — every transaction sorted into Groceries, Fuel, Insurance, Subscriptions and more. Most converters just dump raw rows.
• Real Excel (.xlsx) + CSV — open straight in Excel, Google Sheets or Numbers.
• Accounting-ready exports — import straight into Xero, QuickBooks or Sage with the right columns and date format (Rateweb Plus).
• Merge multiple statements — upload a whole year at once; duplicates are removed automatically (Rateweb Plus).
• Send to your Spending dashboard — one click to see where your money goes, track recurring debit orders and spot savings (Rateweb Plus).
• Private by design — your statement is processed in memory and never saved to our servers.

How to convert your bank statement

1. Download your statement from your banking app as a PDF or CSV.
2. Upload it above (add the password if the PDF is protected).
3. Review the categorised transactions, then download CSV/Excel or send them to your dashboard.

Supported banks

GTBank, Access Bank, Zenith Bank, First Bank, UBA, Fidelity Bank, FCMB, Stanbic IBTC, Kuda, OPay and more. The converter detects the date and amount on each transaction line, so it isn't tied to one bank's layout. For PDFs it reads the running balance to work out whether each line is money in or money out.

Convert a statement by bank

Frequently asked questions

Which banks does the converter support?

It is bank-tolerant and works with statements from GTBank, Access Bank, Zenith Bank, First Bank, UBA, Fidelity Bank, FCMB and more. It detects the date and transaction amount on each line rather than relying on one fixed layout.

Is it free?

Yes. You get 30 free pages a month with CSV download and automatic categorisation. Rateweb Plus adds Excel (.xlsx) export, Xero/QuickBooks/Sage accounting exports, multi-statement merge, more pages, and one-click import to your Spending dashboard.

Are my bank statements safe?

Yes. Your file is processed in memory and never saved to our servers. Only the transactions you see are kept in your browser session until you download them or clear them.

Can it convert password-protected PDFs?

Enter the password in the optional field. If your statement is encrypted, supply the password, or open it in your PDF viewer and save a copy without the password, then upload that.

Does it categorise transactions?

Yes — every transaction is automatically sorted into categories like Groceries, Fuel, Insurance and Subscriptions, which most converters do not do.