OFX to TXT Convert Online Free OFX to TXT converter

How to convert OFX to TXT?

You can convert OFX files to TXT format in several ways. The most proven option is to download dedicated software that allows you to convert between the OFX and TXT formats. At the bottom you will find a list of software programs that support OFX and TXT files and can also save them in new file formats.

OFX File Type

The OFX file extension stands for open financial exchange. It is a file type used to exchange data between banks and other financial institutions. The OFX files are usually created using the Microsoft Excel application, but it can also be done by exporting an Excel spreadsheet to an OFX file. They are typically created in the form of bank statements, account summaries, balances, and other records that are used for accounting purposes. The Open Financial Exchange (OFX) is a standard specification designed specifically for exchanging business data between banks and accounting systems without any conversion or reformatting effort required by the user.

TXT File Type

TXT file extension is a human-readable plain text file. Plain Text File formats are non-proprietary, open formats that are sometimes used as alternatives to proprietary word processing formats. The TXT file extension is used for text files that contain only the characters of the American Standard Code for Information Interchange (ASCII).