Convert QFX to OFX

Understanding QFX and OFX file formats

QFX (Quicken Financial Exchange) is a proprietary file format used by Quicken software to import financial data. It is commonly used by banks and financial institutions to provide transaction data to their customers who use Quicken for personal finance management.

OFX (Open Financial Exchange) is an open standard file format used for exchanging financial data between financial institutions, businesses, and consumers. It is widely supported by various financial software applications, making it a versatile choice for financial data exchange.

Why convert QFX to OFX?

Converting QFX to OFX can be necessary when you need to use financial data from Quicken in other financial software that supports the OFX format. Since OFX is an open standard, it is more widely accepted and can be used in a variety of applications, providing greater flexibility in managing financial data.

Best software for QFX to OFX conversion

One of the best software options for converting QFX to OFX is MoneyThumb's 2qfx Convert Pro. This software is specifically designed for converting various financial file formats, including QFX to OFX. 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 QFX file.
• Choose File → Export → OFX to convert the file to OFX format.
• Save the converted file to your desired location.

Another option is Convertio, an online file conversion tool that supports QFX to OFX conversion. Simply upload your QFX file, select OFX as the output format, and download the converted file.