NatWest Statements + Financial Advisors (IFAs) Workflow
As financial advisor, you regularly handle NatWest bank statements. Independent financial advisors reviewing client finances need to analyse bank statements to understand spending patterns, income, and savings capacity.
BankScan AI: NatWest to Excel for Financial Advisors (IFAs)
BankScan AI converts NatWest statements to Excel automatically — handling DD/MM/YYYY and separate Paid In and Paid Out columns with a Balance column on the right. Convert client bank statements to Excel for quick financial analysis, cashflow modelling, and wealth planning presentations.
About NatWest Statement Format
NatWest statements include detailed transaction references that can cause column misalignment in generic converters.
NatWest Statement Quirks
NatWest uses DD/MM/YYYY with separate Paid In and Paid Out columns with a Balance column on the right. Common issues: Long transaction references overflow into the amount columns causing misalignment, Faster Payment references include sender sort codes that look like amounts, and branch-generated statements have different spacing than online ones. BankScan AI handles all of these automatically.
How Financial Advisors (IFAs) Handle NatWest Statements
When working with NatWest statements, financial advisors (ifas) need to IFAs request bank statements during fact-find meetings to assess client income, expenditure patterns, existing commitments, and savings capacity. They analyse statements to build cashflow models, iden
Key terms you'll encounter: fact-find, suitability report, attitude to risk, capacity for loss, income and expenditure analysis.
How It Works
Upload NatWest statement
Drag and drop your NatWest PDF. Supports PDF. Our AI handles DD/MM/YYYY automatically.
AI parses the statement
Our AI understands NatWest's separate Paid In and Paid Out columns with a Balance column on the right and extracts every transaction with 99%+ accuracy.
Use in your financial advisors (ifas) workflow
Download Excel ready for Intelliflo, CashCalc or direct analysis.
NatWest + Financial Advisors (IFAs) Features
- Paid In and — Paid Out columns are clearly separated with the balance on the far right
- Transaction reference numbers — can be up to 18 characters and include originator details
- Built for Financial Advisors (IFAs) — Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client
- Software compatible — Output works directly with Intelliflo, CashCalc, Excel
Convert NatWest Statements — Built for Financial Advisors (IFAs)
Handles DD/MM/YYYY dates, separate Paid In and Paid Out columns with a Balance column on the right, and PDF formats automatically.
Convert NatWest Statements Free