🇬🇧 First Direct vs 🇬🇧 TSB Bank

First Direct vs TSB Bank - Statement Conversion Comparison

Practical side-by-side conversion guide for First Direct versus TSB Bank.

First Direct guide TSB Bank guide

Bank overview

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First Direct

HSBC's award-winning UK online and telephone bank.

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TSB Bank

A UK retail bank with a focus on transparent and fair banking products.

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Export format comparison

Format First Direct TSB Bank
Microsoft Excel Convert → Convert →
CSV Convert → Convert →
Plain Text Convert → Convert →
Sage Convert → Convert →
Cegid Convert → Convert →
Xero Convert → Convert →
QuickBooks Convert → Convert →
FEC Convert → Convert →

Both banks are fully supported. Click any "Convert →" link to see the step-by-step guide for that combination.

Which should you use for accounting?

Both First Direct and TSB Bank statements export equally well with EuroExtract. The AI handles all standard PDF layouts from both banks, extracting every transaction field: date, description, amount, IBAN, BIC, and payment reference.

The choice typically comes down to your existing banking relationships and accounting software. If you use Sage or Cegid (common in France), FEC export is available for both. For UK users on Xero or QuickBooks, both banks produce clean output.

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FAQs — First Direct vs TSB Bank

Can I convert both First Direct and TSB Bank statements with the same account?
Yes. A single EuroExtract account handles statements from all 470+ supported European banks — including both First Direct and TSB Bank. Simply upload each PDF and choose your export format.
Is there any difference in accuracy between First Direct and TSB Bank extraction?
No. EuroExtract achieves 99.2% extraction accuracy for both banks. Our AI is trained on all common PDF statement layouts used by First Direct and TSB Bank.
Which format is best for importing First Direct or TSB Bank statements into accounting software?
For Xero: use CSV. For QuickBooks: use IIF. For Sage: use Sage format. For French FEC compliance: use FEC. For Excel analysis: use XLSX. All formats are available for both banks.