First Direct → OFX for Startups & Founders
As startup founder, you need First Direct bank statements in OFX format. First Direct statements follow an HSBC-family format but with a distinct minimalist layout. BankScan AI detects the variant automatically. BankScan AI handles the conversion — DD MMM YYYY, minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers, and all.
How It Works
Upload First Direct PDF
Drop your First Direct statement PDF. Supports PDF.
AI converts to OFX
Parses First Direct's DD MMM YYYY, extracts all transactions, outputs OFX (.ofx).
Use in your startups & founders work
Download and use with Xero, Fathom. Convert your startup bank statements to clean spreadsheets for investor reporting, burn rate analysis, and quick reconciliation without hiring a bookkeeper.
First Direct + OFX + Startups & Founders
- First Direct expertise — Handles DD MMM YYYY and minimalist single-column layout with transaction type codes and running balance, similar to HSBC but with simplified headers
- OFX output — Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping.
- Built for startups & founders — Saves founders 2-3 hours per month on financial reporting, freeing time for product development and fundraising rather than manual data entry
First Direct to OFX — For Startups & Founders
Handles DD MMM YYYY, outputs perfect OFX. Free tier available.
Convert First Direct to OFX Free