First Direct Statement Converter for Investor Reporting

Convert your First Direct bank statement to Excel for investor reporting. Handles DD MMM YYYY dates. Due diligence typically runs 4-8 weeks with a tight data room deadline; ongoing investor reports are usually expected within 15 days of month-end

Convert First Direct Statement Free
99%+Accuracy
30sPer Statement
40+Banks Supported
FreeTier Available

First Direct Statements for Investor Reporting

Preparing First Direct bank statements for investor reporting? Investors and VCs request bank statements during due diligence and ongoing reporting. Presenting raw PDF statements looks unprofessional and slows the process.

Convert First Direct Statements Instantly

BankScan AI converts your First Direct statement PDF to a clean Excel spreadsheet in seconds — handling DD MMM YYYY and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers automatically. Convert your bank statements to clean Excel spreadsheets for professional investor reporting, burn rate analysis, and due diligence document preparation.

About First Direct Statement Format

First Direct statements follow an HSBC-family format but with a distinct minimalist layout. BankScan AI detects the variant automatically.

Getting Your First Direct Statement for Investor Reporting

Log in to First Direct Online Banking, go to 'Statements', select the account and date range, and download as PDF. First Direct also supports OFX export under 'Download transactions' for direct import into accounting software. Download 12-24 months for due diligence; monthly or quarterly for ongoing investor reporting and board updates of statements.

How It Works

1

Upload your First Direct statement

Drop your First Direct (HSBC) statement PDF. Supports PDF. Need 12-24 months for due diligence; monthly or quarterly for ongoing investor reporting and board updates? Upload them all.

2

AI extracts every transaction

Our AI handles First Direct's DD MMM YYYY and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers — extracting Monthly burn rate, cash runway in months, revenue growth tra.

3

Use for investor reporting

Download formatted Excel ready for investor reporting. Clean monthly summary with MRR/ARR reconciliation against bank deposits, burn rate trend, and cash runway calculation; presentation-ready for board decks

First Direct + Investor Reporting Features

Convert First Direct for Investor Reporting — Fast

Due diligence typically runs 4-8 weeks with a tight data room deadline; ongoing investor reports are usually expected within 15 days of month-end

Convert First Direct Statement Free

Frequently Asked Questions

Can I use a First Direct statement for investor reporting?
Yes. BankScan AI converts First Direct PDFs to structured spreadsheets ideal for investor reporting. Convert your bank statements to clean Excel spreadsheets for professional investor reporting, burn rate analysis, and due diligence document preparation.
How many months of First Direct statements do I need?
For investor reporting, typically 12-24 months for due diligence; monthly or quarterly for ongoing investor reporting and board updates are required. Venture capital or private equity investors, angel investors, or their appointed due diligence advisors (typically Big 4 or corporate finance firms) will specify the exact period.
How does BankScan AI handle First Direct's format?
First Direct uses DD MMM YYYY with minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers. BankScan AI is trained on this exact format.
Is my data secure?
Your bank statements are processed in memory and deleted immediately. We never store your financial data.

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