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ukbankconv versus Rocket Statements

By Arron Child. Claims checked 20 July 2026; stale pricing or capability claims enter a 90-day review queue.

Rocket Statements has appeared across four of our active UK bank-plus-converter searches (Monzo, Starling, Lloyds, NatWest) since our first harvest, the highest overlap of any unserved competitor in that batch. It is a US-built, AI OCR pipeline sold on volume and integrations rather than UK specificity. This page compares the two products on their public record, checked on the date above.

Who each option is for

Rocket Statements suits a solo bookkeeper or accounting firm processing hundreds of statements a year across many countries, who wants live-sync add-ins for Google Sheets and Excel and is comfortable with a page-quota subscription. ukbankconv suits UK bookkeepers who want certainty on seven certified UK layouts, local browser processing, and credits that never expire.

What each product says about itself

Rocket Statementsukbankconv
Model7-day free trial, 20 free pages, no card. Then Basic $8–15/mo (1,200 pages/yr), Essentials $17–25/mo (6,000 pages/yr), Business $38–60/mo (18,000 pages/yr, "Most Popular"), Advanced $58–90/mo (36,000 pages/yr); lower prices are annual billingCredits: £9 for 10 document exports, £29 for 50, regardless of page count, no expiry
Unit of chargePages, with an annual allowance issued up front on yearly plans and a file-size cap per tier (5 MB on Basic up to 500 MB on Advanced)Documents (a 12-page statement is one export)
Banks"Hundreds of banks worldwide"; its own bank directory is overwhelmingly US, Canadian, and Australian, with Barclays and HSBC the only UK-flagged names seenSeven certified UK banks with published per-bank results
Accuracy claim"99.9% Accuracy across all bank formats" — one blanket figure, no per-bank breakdown shownThe accuracy page publishes regenerated certification results, per bank
OutputExcel, CSV, JSON, ZIP; direct QuickBooks and Xero export; Google Sheets and Microsoft Excel marketplace add-ins for live syncCSV and Excel shaped for Xero, QuickBooks, FreeAgent
Where parsing runsOn its servers: "bank-level 256-bit encryption", "PCI DSS Compliant"In your browser; the PDF is never uploaded
VerificationNot described on its public pages beyond "Accurate by Design"Every document must reconcile or the result is labelled unverified

Where Rocket Statements is stronger

  • A genuinely funded free trial: 20 real converted pages over 7 days, not just a preview, with no card required.
  • Real spreadsheet integrations. Its Google Workspace Marketplace add-on and Microsoft Marketplace add-in sync converted data directly into Sheets or Excel; ukbankconv exports a file for you to import instead.
  • Built for teams: multi-seat support, role-based permissions, branded client portals, and cloud folder organisation by client from the Essentials tier up, aimed squarely at multi-client accounting firms.
  • High-volume headroom: the Advanced tier's 36,000 pages a year and 500 MB file-size limit suit audit and due-diligence workloads that would be expensive in credits.

Where ukbankconv differs on principle

  • UK-first, not "hundreds of banks worldwide." We certify seven UK layouts and publish per-bank results; Rocket Statements' example bank directory is overwhelmingly US/Canadian/ Australian, and its single blanket "99.9%" figure covers "all bank formats" with no UK breakdown, the same failure mode generic extraction runs into elsewhere.
  • Local processing. Rocket Statements' AI OCR pipeline runs on its servers; ukbankconv removes the server from the sentence entirely.
  • Credits with no expiry, not an annual page allowance that resets. A quiet month costs nothing extra here; there, unused pages within a plan still sit inside a fixed yearly quota.
  • USD pricing with no GBP option shown, against credits priced and billed in pounds.

What we have not tested

We have not run Rocket Statements through the test methodology on our fixture statements, so this page makes no claim about its actual extraction accuracy on UK banks specifically, only that its published figure is a single blanket claim rather than a per-bank one.

Sources