What a statement reveals
- Full name, postal address and often phone or email
- Account number and sort code / IFSC / routing information
- Your employer and salary, rent or mortgage, loans and insurers
- Where you shop, travel and spend time, transaction by transaction
That’s enough for targeted phishing, social engineering of your bank, and identity fraud.
What usually happens when you upload
Most “PDF to Excel” websites send your file to their servers, where it is processed (sometimes by third-party OCR or AI APIs), stored for some period, and covered by a privacy policy you probably didn’t read. Even well-meaning services can be breached, misconfigured or acquired.
Questions to ask before uploading
- Where is the file processed, and by whom (including sub-processors)?
- How long is it kept, and is deletion automatic?
- Is it used to train models or improve the service?
- Which country is the data stored in?
The alternative: convert without uploading
Modern browsers can read PDFs locally. StatementSheet runs the whole conversion in your browser tab. The page loads once, then your statement is opened, parsed and exported on your own device. You can disconnect from the internet after the page loads and it keeps working.
Limits of local conversion
Local conversion reads the text layer of digital PDFs. Scanned paper statements need OCR, which we don’t offer yet. If you must use an OCR service for scans, prefer one that states its retention period and doesn’t use your data for training.