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ukbankconv versus BankConverter (bankconverter.co.uk)

By Arron Child. Claims checked 16 July 2026; stale pricing or capability claims enter a 90-day review queue.

BankConverter (bankconverter.co.uk) is a UK-focused competitor with published pricing, a free monthly tier, and a growing Making Tax Digital product alongside its converter. That makes it one of the most directly comparable tools to ukbankconv. This page compares the two on their public record, checked on the date above.

Who each option is for

BankConverter suits a sole trader or accountant who converts a steady number of statements every month and may also want its MTD quarterly-filing product, Open Banking feeds, and API access on a subscription. ukbankconv suits bookkeepers whose workload arrives in bursts, who want verification arithmetic rather than volume allowances, and who do not want the statement uploaded at all.

What each product says about itself

BankConverterukbankconv
ModelFree: 3 conversions/month, 50 transactions per file. Standard £9.99/month: 100 conversions. Pro £29.99/month: unlimited. Annual: 12 months for the price of 10Credits: £9 for 10 exports, £29 for 50, no expiry, no monthly plan
Free allowance3 conversions per month, capped at 50 transactions per fileUnlimited verified previews; one free export with an account
BanksHSBC, Barclays, Lloyds, NatWest, Santander, Monzo, Revolut, Starling, Nationwide, TSBBarclays, Lloyds, NatWest, Monzo, Starling, Revolut, first direct, each with a published certification
Where parsing runsOn its servers: "All uploads encrypted in transit. Files processed in memory and deleted immediately"In your browser; nothing is uploaded
VerificationNot described on its pricing pageRunning-balance and opening-to-closing checks on every document; failures labelled
ExtrasMTD for Income Tax filing plans, Open Banking feeds, receipt OCR add-on, APIFree tools: text-layer checker, balance checker, CSV validator

Where BankConverter is stronger

  • More claimed bank layouts, including HSBC, Santander, Nationwide, and TSB, which we do not yet certify. It also claims Barclays business and Barclaycard coverage; we refuse both until they pass certification.
  • A real free monthly tier. Three free conversions every month with no payment is a genuinely useful allowance for tiny workloads.
  • The MTD product. From April 2026, Making Tax Digital for Income Tax replaces annual Self Assessment with quarterly updates for many sole traders and landlords, and BankConverter sells a filing pipeline for that. We deliberately do not; we stop at clean, verified data.
  • API access on the £9.99 tier.

Where ukbankconv differs on principle

  • Burst pricing. Fifty exports for £29 with no expiry, versus a monthly allowance that resets whether you used it or not. A January personal-tax rush followed by a quiet spring is the normal shape of this work.
  • The statement never leaves the machine. "Deleted immediately" is a policy; "never uploaded" is an architecture.
  • Transaction caps. Our free preview has no row limit; a 50-transaction cap on free files rules out most real monthly statements.
  • Certification over coverage. Ten claimed banks with no published test results versus seven banks with regenerated fixture results and public failure modes; the trade is breadth for proof, and this page is honest that it is a trade.

What we have not tested

We have not run BankConverter through the test methodology on our fixtures, so this page makes no claim about its actual parsing accuracy or reconciliation behaviour. Its prices and allowances were read from its public pricing page on the date above and enter our 90-day re-check queue like every comparison here.

Sources