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Privacy Policy

Effective Date: 4th September 2024

Rapid Statement ("we", "us", or "our") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our services.


1. Information We Collect

a. Personal Information

  • Account Information: When you register for an account, we may collect personal information such as your name, email address, and payment details.

b. Uploaded Data

  • Bank Statements: When you upload bank statements in PDF format for conversion, we process and temporarily store this data to provide our services.

2. How We Use Your Information

  • Service Provision: To convert your bank statements into CSV, Excel, Google Sheets, or other file formats.
  • Customer Support: To respond to your inquiries and provide customer service.
  • Billing: To process payments for our paid plans.

3. Data Storage and Security

a. AWS Cloud Services

We use Amazon Web Services (AWS) for file storage and processing. AWS is a secure cloud services platform that employs advanced security measures to protect your data. For more information on AWS security practices, please visit AWS Security Documentation.

b. OpenAI API

We utilize the OpenAI API for data processing. OpenAI does not use API data to train their models and does not store the data. For more details, refer to OpenAI's Data Usage Policy.

c. Security Measures

While we implement measures to protect your information, we cannot guarantee absolute security. By using our services, you acknowledge and accept the inherent risks associated with data transmission over the internet.

4. Data Retention

  • Deletion Policy: We aim to delete your uploaded bank statements and converted files from our servers after use; however, this is not guaranteed. You are entitled to request the deletion of your data. If you wish to do so, please contact us here.

5. Disclosure of Your Information

We do not sell or rent your personal information to third parties. We may disclose your information if required by law or in response to valid requests by public authorities.

6. Third-Party Services

Our service may contain links to third-party websites or services that are not operated by us. We have no control over and assume no responsibility for the content or practices of any third-party sites.

7. Cookies and Tracking Technologies

We may use cookies and similar tracking technologies to enhance your experience. By using our website, you accept the use of cookies.

8. Children's Privacy

Our services are not intended for individuals under the age of 18. We do not knowingly collect personal information from children.

9. Changes to This Privacy Policy

We reserve the right to modify this Privacy Policy at any time. Changes will be effective immediately upon posting on our website on this page. Your continued use of the service constitutes acceptance of any revised Privacy Policy.

10. Contact Us

If you have any questions or concerns about this Privacy Policy, please contact us at:

Email: [email protected]


By using our services, you agree to the collection and use of information in accordance with this Privacy Policy.