Wise Statements + Restaurants & Hospitality Workflow
As restaurant owner, you regularly handle Wise bank statements. Restaurants process hundreds of card transactions daily, plus supplier payments. Reconciling bank statements with POS data is a major headache.
BankScan AI: Wise to Excel for Restaurants & Hospitality
BankScan AI converts Wise statements to Excel automatically — handling DD-MM-YYYY and multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance. Upload your restaurant bank statements and get clean spreadsheets to reconcile against your POS system, suppliers, and HMRC VAT returns.
About Wise Statement Format
Wise multi-currency statements include transactions in multiple currencies with exchange rates. BankScan AI preserves currency codes, rates, and fee breakdowns.
Wise Statement Quirks
Wise uses DD-MM-YYYY with multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance. Common issues: Multi-currency accounts generate separate sections per currency that can fragment during parsing, transfer fee breakdowns add extra rows between transactions, and the mid-market exchange rate details create additional text within each transfer entry. BankScan AI handles all of these automatically.
How Restaurants & Hospitality Handle Wise Statements
When working with Wise statements, restaurants & hospitality need to Restaurant owners or their bookkeepers reconcile daily card terminal settlements against POS end-of-day reports, match supplier invoice payments, track staff wages and tips, and prepare weekly or mont
Key terms you'll encounter: POS reconciliation, card terminal settlement, tronc scheme, wet sales, GP percentage.
How It Works
Upload Wise statement
Drag and drop your Wise PDF. Supports PDF, CSV. Our AI handles DD-MM-YYYY automatically.
AI parses the statement
Our AI understands Wise's multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance and extracts every transaction with 99%+ accuracy.
Use in your restaurants & hospitality workflow
Download Excel ready for Xero, MarketMan or direct analysis.
Wise + Restaurants & Hospitality Features
- Each transfer shows — the mid-market exchange rate used alongside the fee charged
- Multi-currency balances generate — independent statement sections per currency
- Built for Restaurants & Hospitality — Saves 3-4 hours per week on daily POS-to-bank reconciliation and supplier payment matching for a typical restaurant with 200+ daily transactions
- Software compatible — Output works directly with Xero, MarketMan, QuickBooks
Convert Wise Statements — Built for Restaurants & Hospitality
Handles DD-MM-YYYY dates, multi-currency layout with separate transaction lists per currency, each showing Amount, Fee, Exchange Rate, and Balance, and PDF, CSV formats automatically.
Convert Wise Statements Free