Monzo Statements + Letting Agents Workflow
As letting agent, you regularly handle Monzo bank statements. Letting agents managing tenant deposits, rent collection, and landlord payments across client money accounts need meticulous reconciliation.
BankScan AI: Monzo to Excel for Letting Agents
BankScan AI converts Monzo statements to Excel automatically — handling DD/MM/YYYY and single Amount column with positive/negative values and merchant category tags. Convert your client money account statements to Excel for fast reconciliation of rent receipts, deposit transfers, and management fee deductions.
About Monzo Statement Format
Monzo provides CSV exports natively, but many clients still send PDF statements that need parsing for bookkeeping software.
Monzo Statement Quirks
Monzo uses DD/MM/YYYY with single Amount column with positive/negative values and merchant category tags. Common issues: Pot transfers appear as internal transactions that inflate totals if not filtered, merchant names change between card payments and refunds for the same vendor, and transaction notes added by the user appear as extra lines. BankScan AI handles all of these automatically.
How Letting Agents Handle Monzo Statements
When working with Monzo statements, letting agents need to Letting agents collect rent from tenants into client money accounts, deduct management fees, pay landlords their net rent, handle deposit protection scheme transfers, and manage maintenance contractor
Key terms you'll encounter: client money protection, landlord statement, tenant deposit scheme, management fee, rent arrears.
How It Works
Upload Monzo statement
Drag and drop your Monzo PDF. Supports PDF, CSV. Our AI handles DD/MM/YYYY automatically.
AI parses the statement
Our AI understands Monzo's single Amount column with positive/negative values and merchant category tags and extracts every transaction with 99%+ accuracy.
Use in your letting agents workflow
Download Excel ready for Goodlord, Arthur Online or direct analysis.
Monzo + Letting Agents Features
- Merchant category codes — (e.g., Groceries, Transport, Entertainment) are included in the export
- Pot transfers to — savings pots appear as internal debits/credits
- Built for Letting Agents — Saves 3-4 hours per week on client money account reconciliation for a letting agent managing 100+ properties
- Software compatible — Output works directly with Goodlord, Arthur Online, PayProp
Convert Monzo Statements — Built for Letting Agents
Handles DD/MM/YYYY dates, single Amount column with positive/negative values and merchant category tags, and PDF, CSV formats automatically.
Convert Monzo Statements Free