FAQ
Most of online banking solutions allows user to export data in OFX, QFX QBO formats that is not super friendly when it comes to import data to Excel for further processing. This converter provides easy and free way to convert these bank statements into more friendly CSV format.
OFX - Open Financial Exchange is an open standard for client-server systems and cloud based APIs for exchanging financial data, and performing financial transactions between financial institutions, and financial applications. Further, the API allows the exchange to be facilitated either directly or via an intermediary such as data aggregation service providers. Please visit official website for more information.
A QFX file is a standard OFX file. The only difference being that a QFX file is Intuit's version of the standard OFX format which is for Quicken. Typically QFX files are just as seamless as using OFX files.
The converter is absolutely free.
You can use this website to convert multiple files. Or you can use Api to use converter functionality programmatically.
Yes, this website has a free to use Api.
Yes, the website uses .NET Core nuget library Mocoding.Ofx to perform the conversion.
The source code can be found here: github.com/mocoding-software/ofx