Bills AI

Is it safe to upload a bank statement PDF to an online converter?

It depends on what the service does with the file, so check before uploading. The free Bills AI converter sends the PDF over HTTPS, reads it in memory, uses no AI and saves neither the file nor the result to a database. It never asks for banking credentials. Standard request data such as your IP address is still visible to the server.

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Steps

  1. Check what the service asks for. A statement converter has no need for your online-banking username or password, and one that asks for them is not one to use.
  2. Read what it says about the file: whether it is stored, whether it is sent to an AI provider, and who can see the result.
  3. Check the page is served over HTTPS before you upload.
  4. Upload only the statement you need converted.
  5. With the free Bills AI converter, the PDF is uploaded over HTTPS and read in memory to build the CSV. It uses no AI, does not save the file or the result to a database and keeps the file name out of the logs.
  6. With the Bills AI account analysis, the statement is read, transactions are extracted and categorized using an AI provider (OpenAI gpt-4o-mini) and the transactions are saved to your account until you delete them. Original descriptions and account numbers are encrypted at rest with AES-256-GCM, with the keys held by Bills AI.

When this will not work

  • No online upload is free of risk. If you cannot find out what a service does with your file, do not upload it.
  • The encryption at rest is not end-to-end encryption: Bills AI holds the keys.
  • Our servers and analytics tools still see standard request data such as your IP address.
  • The account analysis keeps saved transactions until you delete them, which is different from the converter, which saves nothing.

Related

Frequently asked questions

Does the free converter store my PDF?

No. The PDF is read in memory and the file and the result are not saved to a database. The file name is kept out of the logs.

Is my statement sent to an AI model?

Not by the free converter, which uses no AI. The Bills AI account analysis does use an AI provider (OpenAI gpt-4o-mini) to categorize transactions.

Are saved transactions end-to-end encrypted?

No. Original descriptions and account numbers are encrypted at rest with AES-256-GCM, but the keys are held by Bills AI.

Does Bills AI need my bank login?

No. You upload statement files and Bills AI does not use Plaid or online-banking credentials.

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