Founded in 1472, Banca Monte dei Paschi di Siena is the world's oldest surviving bank, and its monthly statements carry centuries of tradition in one very modern problem: a long PDF that is painful to analyze. When you convert Banca Monte dei Paschi di Siena bank statement PDF to Excel, every movement becomes a sortable row — date, description, debit, credit, and balance — so you can reconcile the month, categorize spending, and prepare documents for your accountant without retyping a single line. Here is the clean way to do it.
Download your estratto conto from MPS internet banking
Log in to the MPS internet banking portal or mobile app and open the account you need. Monthly statements, the estratto conto, are available as PDF downloads for recent months, and older statements can usually be requested from the same documents section. Download the PDF for the month you want rather than printing the on-screen view, which can break rows across pages. Name the file clearly, such as mps-january-2026.pdf, and keep separate folders per account if you hold a current account and a savings account.
Open the PDF before converting and check the essentials: opening balance, every movement in date order, and closing balance. Italian statements often include a summary block of totals at the end; note those figures, because they are your reconciliation targets after conversion. If a page is missing, download the statement again before converting — a gap in the middle of the month is far harder to detect in a spreadsheet than in the PDF.
Convert the PDF and translate the Italian labels
Upload the PDF to a converter and verify the columns: date, description, debits, credits, and balance. MPS descriptions use a small set of Italian terms worth learning once. Saldo is the balance, bonifico is a bank transfer, addebito is a debit, accredito is a credit, prelievo is an ATM withdrawal, and RID or SDD marks a direct debit such as a utility bill. Add a category column and map each recurring description to a plain category like salary, rent, groceries, utilities, or fee. After the first month, most rows will categorize by description alone.
Watch for wrapped descriptions: long merchant names can split across two lines and produce a split row. Merge those rows and re-check the month's total against the statement's closing balance. For the general conversion approach, see our guide on how to convert a bank statement PDF to Excel.
Fix euro formatting and reconcile the month
Italian statements typically show euro amounts with a period for thousands and a comma for decimals, plus the euro sign — the reverse of US formatting. Excel in a US locale reads those as text, so clean them: remove the euro sign and thousand separators, swap the decimal comma for a period, and set the column to number format. Then reconcile: sum all credits, sum all debits, and confirm opening balance plus credits minus debits equals the closing balance. If it does not, a row was missed or split, and the difference usually points straight at it.
Reconciliation is the step most people skip, and it is the step that makes the spreadsheet trustworthy. A reconciled month can go to an accountant, a lender, or a tax file with confidence. An unreconciled month is just a prettier version of the PDF. Take the extra two minutes and check the totals every time.
Build a year-long record from monthly sheets
Convert one month at a time and combine the months into a single workbook with a sheet per month and a summary sheet. The summary is where the value appears: total spending by category per month, income versus outgo, and any fee trend, such as account charges or card fees rising over the year. Direct debits deserve a special look — list every RID or SDD line across the year and you will find subscriptions you forgot, duplicated charges, and bills that changed amount without notice.
Keep the original PDFs as source records and the workbook as your working document, stored in two locations. When tax season or a loan application arrives, you will hand over a categorized year instead of a pile of PDFs, and your accountant or lender will notice the difference.
Frequently asked questions
What is a bonifico on my MPS statement?
A bonifico is a bank transfer, incoming or outgoing. The description usually names the other party, which makes it easy to categorize once you map the recurring ones.
Can I convert an Italian-language MPS statement?
Yes. Conversion reads the table and numbers regardless of language. You translate only the recurring Italian labels into your own categories, a one-time task for the common terms.
Why do my euro amounts appear as text in Excel?
Because Italian formatting uses a period for thousands and a comma for decimals. Clean those out, use a period as the decimal mark, and format the column as a number.
Is uploading my statement to a converter safe?
Choose a converter that does not store files, work on your own device, and never email an unredacted statement. Our data security best practices article covers the full checklist.
Turn the world's oldest bank's statements into a modern spreadsheet. Convert your Banca Monte dei Paschi di Siena statements to Excel today, or see pricing if you have more than 8 pages to convert.