The Bank Statement Converter by FormX.ai is a free, AI-powered tool designed to transform PDF bank statements into structured data formats such as Excel, CSV, or JSON. Users can easily upload their bank statements, and the converter utilizes advanced technologies like Optical Character Recognition (OCR) and machine learning to extract relevant data, including account details and transaction history. This service streamlines data extraction, enhancing productivity and accuracy while ensuring data privacy. Ideal for businesses looking to automate their financial data processing, the tool supports various bank statement formats and layouts.