How much does bank reconciliation software cost?

SEA Bank OCR starts free. The Starter plan includes 5 pages per month with no credit card required. Paid plans scale from RM 99/month for 300 pages up to RM 999/month for 5,000 pages and API access.

Is there a free tier?

Yes. You can convert 5 pages of bank statements every month for free, forever. Each page of a statement uses one page from your plan.

How accurate is the OCR extraction?

Accuracy depends on the PDF quality and bank layout. Digital e-statements from online banking give the cleanest rows. Start with the free pages, review the extracted transactions against your statement, and export once the output matches.

What formats does it export?

You can export Excel (XLSX), CSV, and JSON. CSV exports include presets for Xero, QuickBooks, AutoCount, and SQL Accounting so the columns match the import grid.

Can it read Malay-language bank statements?

Yes. Bank Islam, Bank Rakyat, and other statements that include BM text are supported. Dates, amounts, and balances extract the same way.

Is my bank statement data private?

Uploaded PDFs are encrypted in transit and at rest, kept in private storage, and automatically deleted within 1 hour after processing or within 24 hours if processing is not completed. Extracted rows remain in your account history while your account is active.

Bank Reconciliation Software Malaysia

Bank reconciliation means matching your internal ledger against the bank statement until every deposit, withdrawal, fee, and interest row has an explanation. Malaysian SMEs and accounting firms do this monthly to catch missing payments, duplicated entries, and bank errors before the trial balance is signed off.

The problem is the statement arrives as a PDF. Accountants retype hundreds of rows, or copy-paste and reformat, before they can even start matching. With SST and LHDN record-keeping obligations, a wrong or missing reconciliation file can turn a routine query into weeks of detective work.

How it works

Three steps turn a bank statement PDF into a reconcilable spreadsheet.

Upload the bank statement PDF

Drag the monthly statement from Maybank2u, CIMB Clicks, PBe, HLB Connect, or any other supported bank into the converter.

OCR extracts the rows

Dates, descriptions, debit, credit, and balance come out as clean spreadsheet rows you review before export.

Export and match in Excel

Download Excel or CSV arranged for reconciliation. Sort by date, match against invoices and receipts, and import into Xero, QuickBooks, AutoCount, or SQL Accounting.

Manual matching versus automated extraction

The reconciliation itself is your judgment. The difference is how fast you get the data.

Manual matching in Excel

Read the PDF and retype each transaction, or copy-paste and clean merged cells.
Fix dates, split debit and credit, and rebuild the running balance by hand.
Only then start matching bank rows against invoices, receipts, and bank charges.

Automated extraction with SEA Bank OCR

Upload the PDF and receive structured rows with debit, credit, and balance already separated.
Review the output against the statement, then export Excel or CSV in minutes.
Spend your time matching and investigating exceptions, not typing.

Which banks are supported?

Convert statements from these Malaysian and Singapore banks into reconciliation-ready rows.

MYMaybank MYCIMB MYPublic Bank MYRHB MYHong Leong Bank MYAmBank MYBank Islam MYOCBC Malaysia MYUOB Malaysia MYHSBC Malaysia MYBank Rakyat SGDBS

Works with your accounting software

Export presets arrange columns for the import grids in common accounting systems.

Use the Xero bank statement CSV preset, the QuickBooks four-column bank format, or the AutoCount- and SQL Accounting-ready layouts. Verify the mapping on your first import, then reuse it every month. For anything else, generic CSV and Excel exports still open cleanly in desktop and cloud accounting tools.

Import bank statements to accounting software

Frequently asked questions

How much does bank reconciliation software cost?: SEA Bank OCR starts free. The Starter plan includes 5 pages per month with no credit card required. Paid plans scale from RM 99/month for 300 pages up to RM 999/month for 5,000 pages and API access.
Is there a free tier?: Yes. You can convert 5 pages of bank statements every month for free, forever. Each page of a statement uses one page from your plan.
How accurate is the OCR extraction?: Accuracy depends on the PDF quality and bank layout. Digital e-statements from online banking give the cleanest rows. Start with the free pages, review the extracted transactions against your statement, and export once the output matches.
What formats does it export?: You can export Excel (XLSX), CSV, and JSON. CSV exports include presets for Xero, QuickBooks, AutoCount, and SQL Accounting so the columns match the import grid.
Can it read Malay-language bank statements?: Yes. Bank Islam, Bank Rakyat, and other statements that include BM text are supported. Dates, amounts, and balances extract the same way.
Is my bank statement data private?: Uploaded PDFs are encrypted in transit and at rest, kept in private storage, and automatically deleted within 1 hour after processing or within 24 hours if processing is not completed. Extracted rows remain in your account history while your account is active.

Close month-end faster

Convert a bank statement, export the rows, and reconcile in Excel or your accounting software. Five free pages every month.