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Privacy Policy

Last updated: March 4, 2026

1. Introduction

mybankstatementanalysis ("we", "our", "us") operates the mybankstatementanalysis.com website and bank statement analysis service. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our service.

2. Information We Collect

Account Information: When you create an account, we collect your email address and payment information (processed securely via Stripe — we never store card details).

Bank Statement Data: When you upload a PDF, we process its contents (transaction descriptions, amounts, dates) to provide spending analysis. This data is encrypted at rest using AES-256 encryption.

Usage Data: We collect standard usage information such as browser type, pages visited, and interaction patterns to improve our service.

3. How We Use Your Information

  • To provide and maintain our bank statement analysis service
  • To process your transactions and manage your subscription
  • To generate spending analysis, categorization, and visualizations
  • To send service-related communications (e.g., billing confirmations)
  • To improve and optimize our service

4. Third-Party Services

We use the following third-party services to operate:

  • Stripe — for payment processing. Stripe's privacy policy applies to payment data.
  • Anthropic (Claude AI) — for transaction categorization. Transaction descriptions are sent to the Claude API for classification. Anthropic does not use API inputs to train models.
  • OCR Provider — for converting scanned PDF images to text.
  • Vercel — for hosting and infrastructure.

5. Data Security

We take data security seriously:

  • All data is encrypted at rest (AES-256) and in transit (TLS 1.3)
  • Bank statement data is processed in memory and not permanently stored unless you have a paid account with history enabled
  • We conduct regular security reviews of our infrastructure
  • Access to user data is restricted to essential personnel only

6. Data Retention & Deletion

Free tier uploads are processed and discarded after analysis — we do not store your PDF files. Paid users with history enabled can view past analyses; this data is retained until you delete it or close your account.

You can permanently delete all your data at any time from your account settings, or by contacting us at the email below.

7. Your Rights

You have the right to:

  • Access the personal data we hold about you
  • Request correction of inaccurate data
  • Request deletion of your data
  • Export your data in a portable format
  • Opt out of marketing communications

8. Cookies

We use essential cookies for authentication and session management. We do not use third-party advertising cookies. Analytics cookies are used only to understand aggregate usage patterns.

9. Children's Privacy

Our service is not intended for individuals under the age of 18. We do not knowingly collect data from children.

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of material changes via email or a notice on our website. Your continued use of the service after changes constitutes acceptance.

11. Contact Us

If you have questions about this Privacy Policy or your data, contact us at:

Email: privacy@mybankstatementanalysis.com