Bank Statement to QIF for Financial Advisors (IFAs)

Convert any bank statement PDF to QIF for financial advisors (ifas). Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV

Convert to QIF Free
99%+Accuracy
30sPer Statement
40+Banks Supported
FreeTier Available

Why Financial Advisors (IFAs) Need QIF Format

As financial advisor, converting bank statements to QIF saves hours of manual data entry. Quicken Interchange Format (.qif) is a legacy but widely supported format originally created by Intuit for Quicken, now accepted by many financial applications. Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client

How It Works

1

Upload any bank statement PDF

Supports all major banks. Saves 30-45 minutes per client fact-find on income and expenditure analysis, with annual reviews completed 20-30 minutes faster per client

2

AI outputs QIF

Our AI extracts all transactions and outputs QIF (.qif). BankScan AI generates QIF files with the correct date format for your locale (D

3

Use in your financial advisors (ifas) work

Import into Intelliflo, CashCalc, Excel or use for direct analysis.

QIF Tip for Financial Advisors (IFAs)

BankScan AI generates QIF files with the correct date format for your locale (D field), payee names (P field), amounts (T field), and category hints (L field) where identifiable.

Supported Banks

BankScan AI works with all major UK and US banks, including:

HSBC Barclays Lloyds NatWest Monzo Santander Revolut Chase Bank of America Wells Fargo Citibank US Bank Capital One

QIF Features for Financial Advisors (IFAs)

QIF Converter — Built for Financial Advisors (IFAs)

Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV

Convert to QIF Free

Frequently Asked Questions

Can I convert bank statements to QIF?
Yes. BankScan AI converts any bank statement PDF to QIF with 99%+ accuracy. Quicken Interchange Format (.qif) is a legacy but widely supported format originally created by Intuit for Quicken, now accepted by many financial applications.
Is QIF the right format for financial advisors (ifas)?
Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV Financial Advisors (IFAs) use QIF for Intelliflo, CashCalc workflows.
What are QIF's limitations?
No standardised date format (varies by locale). Does not support unique transaction IDs, so re-importing can create duplicates. Being phased out in favour of OFX and QFX.

Related Tools