BSF's corporate clients run trade finance, FX, and LCs through their accounts. The PDFs are dense. Convert in bulk, map by reference number, and reconcile cleanly.
Convert your BSF statementsBanque Saudi Fransi's corporate clients tend to be trade-heavy: imports, exports, letters of credit, multi-currency exposures. The statement reflects that. Two date columns (Posting and Value), Reference numbers tied to LCs and trade documents, a separate foreign-currency section — BSF gives the accountant more raw material than a typical retail statement, but it also takes longer to re-key by hand.
Kashfbank converts a BSF PDF in under 60 seconds, preserving both date columns, the Reference number column, and the currency-segmented sub-accounts. Accrual-basis accounting works directly off the Value Date column.
BSF's labels map predictably. "حوالة دولية" outbound wires post against supplier AP or shareholder dividends, depending on the reference. "LC Payment" debits clear against AP for the underlying goods. "فائدة دائنة" credits post to interest income. POS-MADA debits split between expense and 15% input VAT. SWIFT wire fees are bank charges.
For SAP or Oracle users, the Reference column is the field that ties the statement entry back to a purchase order, supplier invoice, or LC document. BSF preserves it; Kashfbank carries it through to the CSV verbatim.
BSF statements export to CSV with both date columns and the Reference number intact — the two fields auditors will ask for first.
BSF statements are bilingual (Arabic/English) PDFs with a corporate-oriented format. Columns are: Posting Date, Value Date (DD/MM/YYYY), Transaction Description in English and Arabic, Reference Number, Debit, Credit, Running Balance. Foreign-currency sub-accounts may be listed in a separate section with USD or EUR balances.
| Label | Meaning |
|---|---|
| حوالة دولية | Outbound international SWIFT wire transfer |
| POS-MADA- | Mada debit purchase |
| LC Payment | Letter of credit payment |
| حوالة سريعة | Sarie instant domestic transfer |
| فائدة دائنة | Conventional interest credit on deposit |
Saudi accountants using Zoho Books (dominant in KSA) or QuickBooks can import Kashf CSV exports directly; the SAR/Hijri date mapping requires the Date column to be in DD/MM/YYYY Gregorian for compatibility.
Collect client BSF PDFs
Gather monthly PDFs for each client. Include FX sub-account PDFs separately — they extract as distinct files.
Bulk-upload to Kashfbank
Drop multiple PDFs into a single Kashfbank session. Each file converts independently and is labelled with its source filename in the export.
Apply the chart-of-accounts mapping
Use a saved template that maps "LC Payment" to AP clearing, "فائدة دائنة" to interest income, SWIFT fees to bank charges, and POS-MADA to expense with VAT split.
Import to SAP, Oracle, or Zoho Books
The CSV column order is stable. A one-time import template handles every subsequent month, including the FX sub-account rows.
Common challenges
Does the CSV preserve BSF's two-date format for accrual accounting?
Yes. Posting Date and Value Date appear as separate columns. Accrual-basis posting typically uses Value Date for income and expense recognition; cash-basis posting uses Posting Date. Both are available.
How does Kashfbank handle the BSF FX sub-account section?
FX sub-accounts are extracted as a separate currency-tagged section in the CSV. The USD or EUR closing balance is preserved; conversion to SAR is left to your accounting system using the rate you specify for the reporting period.
Can Kashfbank tag BSF LC Payment rows for AP clearing automatically?
The CSV preserves the BSF Reference number and the "LC Payment" description verbatim. AP clearing tagging is applied in your accounting system using a rule that matches on Description or Reference. Once set up in SAP or Zoho Books, the rule reuses on every subsequent month's import.
What about scanned BSF pages where the PDF is image-based?
Kashfbank uses Mistral OCR for image-based PDFs. For degraded scans, the extraction-confidence score drops and affected rows are flagged in the CSV for manual review. The flagged rows are still extracted; they just need a second pair of eyes.
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Regulator: Saudi Central Bank (SAMA)
Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)
Full country guide →Statement language: Arabic / English