/ Converters

QFX to OFX converter

Convert a Quicken Web Connect file (.qfx) to an OFX file in your browser: every transaction, with its date, payee, memo and amount. Your file never leaves your computer. 2 free a day, no sign-up.

No file to hand?

  • Runs in your browser
  • 2 free a day, no sign-up
  • QFX in, OFX out

01 / Why convert

A plain OFX file for Xero, Sage, MYOB, GnuCash and other apps that read OFX, with the bank’s transaction IDs kept.

02 / What carries over

From QFX to OFX, field by field.

What the QFX file can hold, and where it goes in the OFX file.

In the QFX fileIn the OFX file
DateKept
Amount (money in and out)Kept
Payee or descriptionPayee (32 characters), full text in the memo
Memo (extra text)Kept
Check or reference numberKept
Bank’s transaction ID (FITID)Kept
Running balanceNot in a QFX file
Account numberKept
CurrencyKept
Credit card (not a bank account)Kept

03 / Importing it

Importing the OFX file.

Xero

  1. Open the bank account, then Manage account, then Import a statement, and pick the .ofx file.

Sage, MYOB, GnuCash, Moneydance

  1. Look for Import statement, Import bank file or File, then Import, then OFX/QFX.

04 / The QFX file

Getting a Quicken Web Connect file (.qfx).

The same thing as a .qbo, made for Quicken: OFX with Intuit’s bank id. Quicken reads the bank’s transaction IDs to skip what it already has.

  • Online banking: Transactions, then Download, then “Quicken Web Connect (.qfx)”.

Have a bank statement PDF instead? The bank statement converter reads it in your browser too.

05 / Good to know

The details that matter.

  • A QFX file with several accounts (checking and savings in one download, say) lets you choose the account.
  • OFX 1.x and 2.x are both read, along with the bank’s corrections to earlier transactions.
  • Payee names are cut to 32 characters, the OFX limit QuickBooks enforces; the full text goes in the memo. Text is written as plain ASCII, which older importers need.

06 / Questions

Straight answers.

Is this QFX to OFX converter free?

Yes, for 2 files a day with no account. A free account (just your email, no password) gives you 2 more, and paid plans have no daily limit. It runs in your browser, and nothing is stored.

Is my QFX file uploaded anywhere?

No. The file is read and the OFX file is written by code running in this browser tab. Neither is sent to a server. You can check: open your browser’s developer tools, go to the Network tab, and convert a file.

My QFX file has several accounts. Which one is converted?

The first, until you choose another: when a file holds more than one account (checking and savings, say), the panel lists them all.

Does it work for credit cards?

Yes. A card account in the QFX file stays a card account. You can also set the account type to Credit card in the panel, and the OFX file is written as a card statement.

07 / More converters

Other files, same idea.

All of them run in your browser. For PDFs, start at the bank statement converter; every converter is on the converters page.

Stop retyping
bank statements.

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