What is OFX file?
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.
OFX Format details
|Full Name||Open Financial Exchange Format|
Software, that convert OFX files
The easiest way to convert a OFX file is to save it in a different file format using dedicated software. Below you will find a list of software programs that can handle OFX files. Open your OFX file with one of them and save in another file format.
- Quicken Essentials
- iWork Numbers