M&T prices its link into QuickBooks and Quicken as a paid subscription: Direct Connect runs $9.95 a month, and even then it feeds recent activity rather than the years of history a cleanup needs. Upload any M&T PDF statement here and download a real QuickBooks Web Connect QBO file instead. Start free, no credit card.
Last updated July 2026
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Upload the M&T PDF statement to BankXLSX and choose QBO as the download format. M&T sells Direct Connect, the link that pushes transactions into Quicken and QuickBooks, for $9.95 a month, and a paid connection still pulls only the recent activity window, not the closed accounts and prior years a cleanup or a loan file needs. The converter reads every line off the statement PDF and writes a QuickBooks Web Connect file with dates, descriptions, and signed amounts already mapped, so QuickBooks imports it like a real bank download.
M&T serves millions of households and small businesses across the Northeast and Mid-Atlantic, and its accounting-software path is one of the few large US banks still puts behind a paywall.
M&T charges a monthly subscription for the Quicken and QuickBooks connection. That is roughly $120 a year to move data you already have sitting in your statements.
A connection feeds transactions going forward. It does not reach back through last year, and it cannot touch an account you already closed.
M&T Direct Connect issues have been escalated more than once in the Quicken community, and a broken feed leaves you with nothing but the PDF.
Desktop Web Connect imports .qbo files and nothing else. Your M&T e-statement is a document, and no amount of renaming changes that.
M&T keeps e-statements online for up to seven years. That archive is far deeper than any bank feed reaches, and it is the record an auditor or lender will ask for.
Typing a year of M&T checking and card activity into the register by hand is days of work and one keystroke away from a broken reconciliation.
Upload the official statement and get back a valid Web Connect file QuickBooks accepts on the first try, with no monthly bank fee attached.
You get an actual .qbo file with the OFX structure QuickBooks expects, the only format QuickBooks Desktop Web Connect will import.
M&T EZChoice and MyChoice checking, savings, MyChoice Business Checking, and M&T credit card statements all parse correctly.
Debits land negative and credits positive with the correct posting date, so the register reconciles to the statement balance without hand fixes.
Every e-statement M&T still holds converts the same way, so a multi-year cleanup stops depending on what a feed happens to carry.
The same upload exports a QFX for Quicken, plus OFX, CSV, and XLSX, without an M&T subscription.
256-bit encryption in transit, and you can delete your uploaded statements whenever you want.
No software to install and no credit card to start.
In M&T Online Banking, open the account, go to Statements and Documents, and save the monthly PDF. Drag it into the box above.
Tip: Several months in one upload is fine.
Once the transactions are read, pick QBO as the download format. QFX, OFX, CSV, and Excel sit next to it.
Tip: Pick QFX if the target is Quicken.
QuickBooks Online: Transactions, Bank transactions, Upload from file. Desktop: File, Utilities, Import, Web Connect Files. Pick the account and review.
Tip: One M&T account per file.
M&T is the primary bank for a large share of Northeast and Mid-Atlantic small businesses, contractors, and landlords, and their books almost always live in QuickBooks. When the feed is paywalled, broken, or simply too shallow for the period being cleaned up, the statement PDF is what everybody actually has.
Load a client M&T checking or card history into QuickBooks without asking the client to buy a Direct Connect subscription.
Reconcile against the official M&T statement during cleanups, reviews, and tax prep, including years the feed never covered.
Bring M&T business checking activity into QuickBooks for an SBA package, a lender review, or a year-end close.
Move M&T rental income and expenses into QuickBooks for Schedule E without retyping a line.
Yes. M&T publishes Direct Connect, the service that downloads M&T banking data straight into Quicken or QuickBooks with your M&T user ID, at $9.95 a month. That is the bank's own advertised price for the convenience of not typing transactions in by hand, and it is a recurring charge for as long as you want the connection alive. Converting the statement PDF you already downloaded costs the bank nothing and gets you the same QBO file, which is why bookkeepers handling a client's M&T account rarely bother with the subscription for a one-time cleanup.
| M&T Direct Connect | BankXLSX PDF conversion | |
|---|---|---|
| Cost | $9.95 per month, ongoing | Free to try, pay only for what you convert |
| History reach | Recent activity going forward | Any statement PDF you hold, up to the seven years M&T keeps |
| Closed accounts | No connection to make | Works from saved or requested PDFs |
| Setup | Enroll, subscribe, configure in QuickBooks | Upload a PDF, download a QBO |
| When it breaks | You wait for the bank and Intuit to fix it | Unaffected, the PDF is already in your hands |
| Output formats | Feeds the software directly | QBO, QFX, OFX, CSV, Excel from one upload |
This is the part people discover too late. A connection, paid or free, streams transactions from the day you switch it on, and in QuickBooks Online a fresh connection typically reaches back only about 90 days. If you are cleaning up 2025, catching up two years of a rental account, or assembling statements for an SBA lender, no feed will produce that data. The M&T e-statement archive will: M&T holds statements online for up to seven years, and each one converts to a QBO file that imports exactly like a bank download. That is the whole reason this page exists.
In QuickBooks Online, open Transactions, then Bank transactions, choose the account, and pick Upload from file under the Link account dropdown. Select the QBO file, confirm the account it maps to, and the M&T transactions land in the For review tab ready to categorize. In QuickBooks Desktop, use File, Utilities, Import, Web Connect Files. Keep one M&T account per file, since QuickBooks maps a single QBO to a single account, and keep each upload under 1,000 transactions and 350 KB, the caps QuickBooks Online enforces. Splitting a busy year into quarterly files is the usual fix. If the account already carries a live feed, deactivate it in Bank Feed Settings first so the two imports do not duplicate each other.
All of them convert. M&T checking and savings statements, MyChoice Business Checking, and M&T credit card statements come out as clean QBO files with signed amounts intact, so card charges do not import backwards into a credit card account. Need the spreadsheet instead? The M&T statement to Excel converter produces XLSX and CSV from the same upload, and the general bank statement to QBO converter covers every other institution. Our guide to converting bank statements to QuickBooks QBO walks through both QuickBooks versions, and if a feed is the underlying problem, read what to do when the QuickBooks bank feed stops working. Wondering how much a single upload can carry? See how many transactions QuickBooks accepts at once.
If you already exported a spreadsheet and only need it in Web Connect form, a dedicated CSV to QBO converter does that one job. When statements from several institutions are headed into the same QuickBooks file, a purpose-built bank statement to QuickBooks converter runs the PDF to QBO workflow across all of them.
M&T points QuickBooks and Quicken users to Direct Connect, a paid link priced at $9.95 a month, rather than a free Web Connect file. A subscription also only feeds recent activity forward, so it cannot rebuild a prior year. Converting the M&T PDF statement produces a real .qbo file with no bank fee attached.
M&T lists Direct Connect for Quicken and QuickBooks at $9.95 a month, roughly $120 a year. It downloads M&T banking data into your Intuit software using your M&T user ID and password. Converting statements you have already downloaded avoids the recurring charge entirely.
Convert the M&T PDF statement to a QBO file, then upload it in QuickBooks Online under Transactions, Bank transactions, Upload from file, or in QuickBooks Desktop under File, Utilities, Import, Web Connect Files. Map it to the right M&T account and the transactions land in For review, ready to categorize.
M&T keeps e-statements available online for up to seven years, far deeper than any bank feed reaches. Every one of those PDFs converts to a QBO file, which is why converted statements are the practical way to rebuild multi-year history in QuickBooks.
No. QuickBooks Desktop Web Connect accepts only .qbo files, and QuickBooks Online accepts QBO, QFX, OFX, and CSV on the upload path. A PDF is a document, not a data file. BankXLSX reads the M&T PDF and writes the QBO file QuickBooks expects.
Yes. M&T credit card statements convert to QBO with charges signed the way a QuickBooks credit card account expects, so purchases and payments do not land with the signs reversed. Business and personal card statements both work.
Uploads are encrypted in transit with 256-bit encryption, files can be deleted whenever you choose, and your data is never resold or shared. Nothing installs on your machine; the whole conversion runs in the browser.
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