StatementConverter
Regional Intelligence Active
🇸🇬

Singapore
Intelligence.

Singapore is a global financial hub with highly secure and structured banking statements. Initializing Zero-Egress extraction protocol for Singapore's leading financial formats.

Security Status

Active Sandbox

Deploy Statements

Drag and Drop to Secure Port

Hardware AES-256
WASM V8 Runtime
Zero Network IO

Compliance Architecture

In Singapore, financial privacy is strictly governed by the Monetary Authority of Singapore (MAS). Our zero-egress architecture exceeds standard compliance by ensuring data never transits the network layer.

Regulator Perspective

"MAS is Singapore’s central bank and integrated financial regulator."

Visit Monetary Authority of Singapore (MAS) Terminal

Sovereignty Matrix

  • Zero-Upload
  • Local Decryption
  • Memory Isolation

Intelligence Archive (FAQs)

Is StatementConverter compliant with Singapore's PDPA?

Yes. StatementConverter is fully compliant with Singapore's Personal Data Protection Act (PDPA) because your bank statement PDF is processed entirely within your browser — it is never uploaded to any external server. No personal data is collected, stored, or processed by our systems. This local-only architecture satisfies the PDPA's core obligation to protect personal data from unauthorised access and disclosure.

Which Singapore banks are supported?

StatementConverter supports all major Singapore banks including DBS Bank, OCBC Bank, UOB, POSB, HSBC Singapore, Maybank Singapore, Standard Chartered Singapore, and Citibank Singapore. For unlisted financial institutions, the universal extraction engine automatically handles any structured PDF statement layout from MAS-regulated entities.

Can I use the Excel output for IRAS tax filing?

Yes. The structured Excel output from StatementConverter is used by Singapore taxpayers, sole proprietors, and partnership firms as supporting documentation for IRAS Income Tax returns and GST filings. The output preserves transaction dates, descriptions, and amounts exactly as they appear in the original bank statement — making it straightforward to identify assessable income and deductible business expenses.

How does StatementConverter handle CPF contribution rows in statements?

CPF employer contribution deductions and employee CPF transfers appear as standard debit rows in Singapore bank statements. StatementConverter preserves the full transaction description — such as 'CPF CONTRIBUTION' or 'GIRO CPF BOARD' — in the Excel output, allowing employers and HR teams to reconcile CPF submissions against bank records without manual re-entry.

Does it support MAS-regulated institution statements?

Yes. All banks and financial institutions regulated by the Monetary Authority of Singapore (MAS) issue PDF statements in structured formats that StatementConverter handles accurately. This includes commercial banks, merchant banks, and finance companies licensed under the Banking Act and Finance Companies Act.

Does StatementConverter handle multi-currency SGD and USD statements?

Yes. Singapore bank statements frequently include transactions in SGD, USD, EUR, GBP, and other currencies — especially for multi-currency savings accounts (e.g., DBS Multi-Currency Account, OCBC Global Savings). StatementConverter preserves original currency codes and amounts for each transaction row, maintaining the multi-currency structure of the original statement.

Is it compatible with Xero Singapore and QuickBooks Singapore?

Yes. The CSV export from StatementConverter imports directly into Xero Singapore using the 'Import a statement' bank reconciliation feature. QuickBooks Online Singapore accepts the same CSV via the bank transaction import workflow. The date format and decimal separator used match the expectations of Singapore accounting software platforms.

Does it support corporate and business account statements in Singapore?

Yes. Corporate current account statements from DBS Business Banking, OCBC Business Account, UOB Business Banking, and HSBC Business Direct are fully supported. The extraction engine handles multi-page corporate statements and preserves cheque numbers, FAST/GIRO reference codes, and running balances required for management account preparation.