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Bank guide

Free Bank Statement to QIF Converter

Published July 2026 by BalanceExtract Team

Drop a statement here
PDF, scan, or photo — multi-file, no size cap, no page limit on Pro
Processed on your device — nothing uploaded, ever
PDF, JPG, PNG, or WEBP · Up to 6 pages per conversion

QIF is one of the oldest personal-finance file formats still in active use, but very few banks export it natively anymore — most favor CSV, Excel, or OFX instead. This guide covers converting a PDF statement from any bank directly into QIF for Quicken.

Quick summary

If Quicken is where your bookkeeping actually happens, getting a bank statement into it without retyping every transaction means converting to QIF first. Converts any bank's PDF statement — named detection for 23+ major banks, plus a generic parser for any other text-based PDF — into a standard QIF file, ready to import into Quicken.

How It Works

Step 1: Download the PDF statement from your bank

No account needed for up to 6 pages.

Step 2: Upload to BalanceExtract

Named detection recognizes 23+ major banks automatically; any other bank falls back to the generic layout parser.

Step 3: Review, then export as QIF

Every row gets a confidence score before you export.

What's Inside the QIF Export

Field codeWhat It Contains
DTransaction date
TAmount
PPayee
MMemo

Frequently Asked Questions

Which banks already export QIF directly?
Very few do natively — QIF is one of the older personal-finance formats, and most modern banks favor CSV, Excel, or OFX instead. Some business banking portals (Lloyds Online for Business, for example) still offer it.
What software reads QIF files?
Quicken (Windows and Mac), Banktivity, MYOB, YNAB, GnuCash, and many older or lightweight accounting tools.
How do I import the QIF file into Quicken?
File > File Import > QIF File, then select the file and choose the account to import into.
What if my statement is a scan or a photo, not a proper PDF?
It still works — BalanceExtract falls back to on-device OCR automatically when a page has no real text layer. Signing in is required for scans and photos specifically.
Is my statement data safe?
Nothing is uploaded, ever. The PDF is read and converted entirely on your device.

How BalanceExtract compares

Honest side-by-side write-ups, including where each of them is the better choice.

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