First Direct → QIF for Construction Companies
As construction business, you need First Direct bank statements in QIF 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 QIF
Parses First Direct's DD MMM YYYY, extracts all transactions, outputs QIF (.qif).
Use in your construction companies work
Download and use with Sage 50, Xero. Convert your bank statements to Excel to quickly match CIS payments, subcontractor invoices, and material costs for VAT returns and CIS submissions.
First Direct + QIF + Construction Companies
- 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
- QIF output — Maximum backward compatibility with older financial software. Some users with legacy Quicken setups spanning decades rely exclusively on QIF for data continuity.
- Built for construction companies — Saves 3-5 hours per month on CIS payment matching and subcontractor reconciliation, reducing errors that can trigger HMRC penalties
First Direct to QIF — For Construction Companies
Handles DD MMM YYYY, outputs perfect QIF. Free tier available.
Convert First Direct to QIF Free