Convert OFX to QFX

Understanding OFX and QFX file formats

OFX (Open Financial Exchange) is a file format used for exchanging financial data between financial institutions, businesses, and consumers via the internet. It is an open standard format that allows users to import and export financial data across different software applications.

QFX (Quicken Financial Exchange) is a proprietary file format used by Quicken, a popular personal finance management software. QFX files are similar to OFX files but include additional information specific to Quicken, such as branding and licensing details.

How to convert OFX to QFX

Converting OFX files to QFX format can be necessary if you are using Quicken and need to import financial data from a source that provides OFX files. The conversion process involves transforming the open standard OFX file into the proprietary QFX format.

Best software for OFX to QFX conversion

One of the best software options for converting OFX to QFX is MoneyThumb's 2qfx Convert Pro. This software is specifically designed to handle various financial file conversions, including OFX to QFX. It offers a user-friendly interface and reliable conversion results.

To convert using MoneyThumb's 2qfx Convert Pro, follow these steps:

• Open the software and select File → Open to load your OFX file.
• Choose File → Export → QFX to start the conversion process.
• Save the converted QFX file to your desired location.

Another option is ProperSoft's OFX2QFX converter, which also provides a straightforward way to convert OFX files to QFX format.