Canada Banks
Convert Canada bank statements to Excel or CSV in seconds
Canada's Big Six banks (RBC, TD, Scotiabank, BMO, CIBC, National Bank) dominate retail banking. Statements are standardized in English (or French in Quebec), with Interac e-Transfer as the primary P2P rail.
Bank of Canada + Office of the Superintendent of Financial Institutions (OSFI)
Federal income tax 15–33%; provincial tax varies; 5% GST federal + provincial HST (13–15% combined in most provinces); T4 for employment, T4A for self-employment income.
Jan 1 – Dec 31 (individuals); Apr 1 – Mar 31 (federal government)
Supported Banks in Canada
GST/HST appears on most merchant transactions, requiring businesses to track input tax credits. Self-employed Canadians filing T4A income must reconcile all deposits across statements for the April 30 deadline.
Common Merchant Labels
| Label | Meaning |
|---|---|
| INTERAC e-TRF | Interac e-Transfer (Canada's dominant P2P) |
| CRA PAYMENT | Canada Revenue Agency tax payment |
| RRSP CONTRIB | Registered Retirement Savings Plan deposit |
Regulatory Notes
OSFI oversees 6 major banks (Big Six). Canadian statements are available in English or French. Interac e-Transfer is nearly universal for P2P payments, unlike the fragmented US landscape.
Frequently Asked Questions
Which banks in Canada are supported?
Kashfbank supports Royal Bank of Canada (RBC), TD Bank and all major banks in Canada.
What currency do Canada bank statements use?
The primary currency in Canada is CAD. Kashfbank extracts all currency values exactly as shown in the original PDF.
Who regulates the banking sector in Canada?
OSFI oversees 6 major banks (Big Six). Canadian statements are available in English or French. Interac e-Transfer is nearly universal for P2P payments, unlike the fragmented US landscape.
How does Kashfbank handle Canada bank statements?
Kashfbank uses AI to extract transactions from PDF statements from all major Canada banks. Bilingual statements, multi-page PDFs, and all common PDF formats are fully supported.
Convert Canada Bank Statements
Upload your PDF and get Excel in seconds
Try it free10 free credits on signup
Common Payment Apps
Salary Conventions
Direct deposit via EFT labeled 'PAYROLL DEP' or 'EMP NAME PAYROLL'. Bi-weekly most common. Interac e-Transfers from employers appear as 'INTERAC e-TRF'.