Feature Comparison
| Feature | PivotBank | BankStatementConverter |
|---|---|---|
| Client-side processing (no uploads) | ✓ | ✕ |
| Data never sent to server | ✓ | ✕ |
| GDPR-safe by design | ✓ | ✕ |
| Safe for government & regulated bodies | ✓ | ✕ |
| Passes data sovereignty requirements | ✓ | ✕ |
| Excel (XLSX) export | ✓ | ✓ |
| CSV export | ✓ | ✓ |
| JSON export | ✓ | ✕ |
| Transaction categorisation | ✓ | ✕ |
| Spending insights dashboard | ✓ | ✕ |
| Recurring payment detection | ✓ | ✕ |
| Multi-page PDF support | ✓ | ✓ |
| 1000+ banks supported | ✓ | ✕ |
| Modern, clean UI | ✓ | ✕ |
| Free tier available | 3 pages/day | Limited |
| Pro / unlimited plan | ✓ | ✕ |
Comparison based on publicly available information. Last reviewed January 2026.
The Key Differences
Privacy
BankStatementConverter uploads your PDF to their servers for processing. PivotBank processes everything in your browser — your data never leaves your device. For financial professionals handling client data, this is not a small difference.
Insights
PivotBank Pro includes automatic transaction categorisation, merchant analysis, spending breakdowns, and recurring payment detection. BankStatementConverter produces only a basic spreadsheet — no analysis layer.
Output Quality
PivotBank produces a formatted XLSX with a summary sheet, full CSV, and structured JSON. The output is designed for import into professional accounting tools or custom analysis pipelines.
A Real Architectural Difference
Why Compliance-Sensitive Organisations Cannot Use Server-Side Converters
Server-side converters — including BankStatementConverter — require your PDF to be uploaded to a third-party server. For government bodies, regulated financial institutions, law firms, and organisations with data residency requirements, this creates a compliance problem that no privacy policy can resolve: the sensitive financial document is now on someone else's server.
PivotBank's client-side architecture eliminates this entirely. The PDF is parsed inside the browser tab using a local JavaScript engine. Nothing crosses the network. There are no server logs to audit, no DPA to sign, and no third-party data processor in the chain.
0
Network requests during PDF processing
None
Data transmitted to PivotBank servers
None
Third-party data processors involved