QFX to OFX Converter

Why convert a QFX to OFX?

QFX is Quicken's variant of OFX, tuned for one app. Plenty of other finance tools import OFX — the generic Open Financial Exchange standard banks export — but do not accept the Quicken variant by name. A download that only exists as QFX is locked to Quicken until it is expressed in the generic form.

This converter performs that small, precise translation: same transactions, same underlying structure, in the standard OFX wrapping the wider world reads.

What the conversion does

The transaction list is carried over exactly — date, description and amount for every transaction, with no currency conversion. Because both sides are OFX-family formats, the source file's bank identity is kept: the account number, and the INTU.BID when the source carries one.

The closing balance follows the family's standing rule: carried over when the source file has one, absent when it does not — never invented. Only the variant changes; the financial data does not.

Format notes and where the OFX goes next

This is the reverse of the OFX to QFX converter, and together they make the Quicken variant a two-way door instead of a trap. From generic OFX, most destinations open up: the OFX to CSV converter for spreadsheets, or the OFX to QBO converter for QuickBooks.

Staying with Quicken data but heading for QuickBooks? The direct route is the QFX to QBO converter — no need to pass through generic OFX on the way.