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OFX is an open standard format for exchanging financial data between financial institutions, software applications, and service providers. It's widely used for importing bank data into accounting software.
Open Financial Exchange (OFX) is a data-stream format for exchanging financial information. It's supported by a wide range of accounting software including QuickBooks, Quicken, Microsoft Money, GnuCash, and many others. OFX files contain transaction data in a structured XML-like format that accounting applications can parse and import directly. FastStatement Converter can export bank statement data to OFX format, enabling compatibility with virtually any accounting platform.
Convert bank statements to CSV, Excel, QBO, and more with 99%+ accuracy.
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