Nationwide Statements + Letting Agents Workflow
As letting agent, you regularly handle Nationwide bank statements. Letting agents managing tenant deposits, rent collection, and landlord payments across client money accounts need meticulous reconciliation.
BankScan AI: Nationwide to Excel for Letting Agents
BankScan AI converts Nationwide statements to Excel automatically — handling DD MMM YYYY and single Payments and Receipts column with transaction type codes and running balance. Convert your client money account statements to Excel for fast reconciliation of rent receipts, deposit transfers, and management fee deductions.
About Nationwide Statement Format
Nationwide statements include both current account and savings in a single PDF, which BankScan AI separates automatically.
Nationwide Statement Quirks
Nationwide uses DD MMM YYYY with single Payments and Receipts column with transaction type codes and running balance. Common issues: Combined current account and savings transactions in a single PDF require separation, FlexAccount rewards entries appear as miscellaneous credits, and older mortgage-linked statements include repayment schedules that can confuse table parsers. BankScan AI handles all of these automatically.
How Letting Agents Handle Nationwide Statements
When working with Nationwide 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 Nationwide statement
Drag and drop your Nationwide PDF. Supports PDF. Our AI handles DD MMM YYYY automatically.
AI parses the statement
Our AI understands Nationwide's single Payments and Receipts column with transaction type codes and running balance and extracts every transaction with 99%+ accuracy.
Use in your letting agents workflow
Download Excel ready for Goodlord, Arthur Online or direct analysis.
Nationwide + Letting Agents Features
- Building society heritage — means statements may reference 'share accounts' rather than 'savings accounts'
- FlexPlus, FlexDirect, and — FlexAccount benefits are itemised separately
- 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 Nationwide Statements — Built for Letting Agents
Handles DD MMM YYYY dates, single Payments and Receipts column with transaction type codes and running balance, and PDF formats automatically.
Convert Nationwide Statements Free