Convert Saudi National Bank Statements to OFX

You can convert Saudi National Bank (SNB AlAhli) PDF bank statements to Open Financial Exchange (OFX) format in seconds. Upload your PDF statement to BankStmtConverter.com, let the parser extract the transaction dates, descriptions, reference numbers, and SAR values, and download an OFX file ready to feed into your accounting system.

How to convert SNB statements to OFX

1. Upload your Saudi National Bank PDF statement (digital e-statement or high-resolution scan) to the converter tool.
2. Select OFX (.ofx) as your desired output format.
3. Wait while the parser extracts the transaction table and verifies running balances against the opening and closing totals.
4. Download your generated OFX file and import it into your financial software.

If you need tabular spreadsheets for manual audits rather than structured XML feeds, you can also convert Saudi National Bank statements to Excel or generate Saudi National Bank CSV files for custom spreadsheets.

Understanding the OFX output for Saudi National Bank data

The Open Financial Exchange (OFX) format uses structured SGML/XML tags to standardise banking data across financial management platforms. When converting Saudi National Bank statements to OFX, every transaction is mapped to its precise standard tag:

• <TRNTYPE>: Defined as DEBIT or CREDIT based on the transaction direction.
• <DTPOSTED>: Converted from the standard Saudi date format (DD/MM/YYYY or YYYY-MM-DD) into the standardized OFX timestamp (YYYYMMDDHHMMSS).
• <TRNAMT>: Recorded with exact decimal precision in Saudi Riyal (SAR), using negative values for debits and positive values for credits.
• <FITID>: A unique financial institution transaction identifier generated for each entry to prevent duplicate imports during recurring syncs.
• <NAME> and <MEMO>: Contains the merchant details, transfer narration, POS terminal IDs, or SADAD payment references found on the statement.
• <CURDEF>: Set to SAR to ensure your local multi-currency ledgers read the amounts correctly.
• <LEDGERBAL>: Captures the closing balance to assist the receiving software in verifying starting points.

Importing SNB OFX files into your accounting software

OFX files act as an offline bank feed. Instead of entering debits and credits manually, importing an OFX file populates your software's bank feed reconciliation screen directly.

Desktop and ERP accounting systems

Software packages such as GNUcash, Sage 50, Odoo, Zoho Books, and local Middle Eastern ERPs accept direct OFX imports. In your software, open your SNB bank account register, click Import Bank Statement (or Web Connect), and select the downloaded .ofx file. The software parses the <FITID> tags, checks for existing records, and places new transactions in the review queue.

Matching VAT, SADAD, and payroll transactions

Business accounts in Saudi Arabia frequently handle SADAD bill payments, General Authority of Zakat and Tax (ZATCA) transfers, and Wage Protection System (WPS) payroll batches. The OFX converter preserves full payment references in the memo fields. When imported, your accounting system can match these values to outstanding bills or payroll liabilities automatically.

Comparison of bank statement extraction methods

Sample Saudi National Bank transaction extraction

Saudi National Bank corporate and personal statements typically provide transaction dates, description details, transaction references, withdrawal/deposit amounts, and the resulting running balance in SAR. Below is a sample snippet showing how raw statement data is structured within the converted OFX file.

In the resulting OFX file, the client transfer is structured into tags such as:

<STMTTRN>
  <TRNTYPE>CREDIT</TRNTYPE>
  <DTPOSTED>20241005000000</DTPOSTED>
  <TRNAMT>12000.00</TRNAMT>
  <FITID>20241005001</FITID>
  <NAME>CLIENT TRANSFER</NAME>
  <MEMO>INVOICE 1042</MEMO>
</STMTTRN>

Support for scanned and archived PDF statements

Old or archived statements often exist only as paper copies or flat scanned PDFs. Our processing engine applies optical character recognition (OCR) specifically tuned to financial tables. It extracts text, aligns debit and credit columns, and validates every row so that the sum of debits and credits matches the closing balance printed on the statement header.

Data security and privacy standards

Bank statements contain sensitive financial information, commercial IBANs, and transaction histories. All uploads are processed over encrypted SSL connections. Your files are processed automatically and deleted from the conversion servers immediately after processing. Your data is never sold, shared, or used to train public machine-learning models. You can view additional institutions on our Saudi Arabia banks directory or browse all supported international banks.