Wise Statements + Small Business Owners Workflow
As small business owner, you regularly handle Wise bank statements. Small business owners often need to reconcile bank statements with invoices and expenses but lack accounting software that imports PDFs directly.
BankScan AI: Wise to Excel for Small Business Owners
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 bank statement PDF and get a clean spreadsheet you can use to track cash flow, reconcile invoices, or send to your accountant.
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 Small Business Owners Handle Wise Statements
When working with Wise statements, small business owners need to Small business owners typically download or receive monthly bank statements, forward them to their accountant or bookkeeper, and occasionally review them to check cash flow. Many manually compare stat
Key terms you'll encounter: cash flow, profit and loss, VAT return, bank reconciliation, management accounts.
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 small business owners workflow
Download Excel ready for Xero, QuickBooks or direct analysis.
Wise + Small Business Owners 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 Small Business Owners — Saves 1-2 hours per month on manual statement review and reconciliation, plus avoids errors that can cost hours to trace and correct
- Software compatible — Output works directly with Xero, QuickBooks, Excel
Convert Wise Statements — Built for Small Business Owners
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