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OFX QFX
File conversion

Convert OFX to QFX

Verified by Adam B.· reviewed by FE Editorial ·updated Jul 18, 2026
QUICK ANSWER
Is it possible to convert OFX to QFX?
Yes - OFX converts to QFX.

Simply renaming .ofx to .qfx sometimes works if the file already has a valid institution identifier that Quicken recognises. When it does not, a converter such as OFX2QFX or ProperSoft is needed to rewrite the Intuit-specific fields. Core transaction data - dates, amounts, payees - carries over intact.

3 programs
Also to QFX: QIF · QDF

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Tested on macOS, Windows & Linux
Last verified Oct 2026

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Why convert OFX to QFX?

Banks that support Quicken's Web Connect feature provide .qfx files directly. If your bank only exports standard .ofx, the file lacks Intuit-specific tags that Quicken validates on import, so a dedicated converter is required.

How to convert OFX to QFX

OFX2QFX APP

Load the .ofx file in OFX2QFX to produce a .qfx file with the Intuit-specific fields Quicken requires. Import the result into Quicken via File > Import > Web Connect File (.QFX).

ProperSoft APP

Open the .ofx file in ProperSoft, select QFX as the output format, and save. Import the .qfx into Quicken via File > Import > Web Connect File (.QFX).

Programs that convert OFX

OFX Cleaner
OFX2QFX
Jumsoft Money

About these formats

.OFX Open Financial Exchange

An OFX (Open Financial Exchange) file contains bank statements or credit-card transactions downloaded from your online banking portal. To open it, import it into GnuCash (free), Quicken, or…

Open .OFX details →
.QFX Quicken Financial Exchange format

A .QFX file is associated with Quicken Financial Exchange format, a data file.

Open .QFX details →

Quality & what to watch

  • QFX is OFX with Intuit-specific extensions; core transaction data (dates, amounts, payees, account numbers) transfers intact.
  • Quicken validates a financial institution identifier embedded in QFX files - if it is missing or unrecognised, the import is blocked even after conversion.
  • The rename trick (.ofx → .qfx) works only when the OFX file already contains a valid institution ID Quicken recognises; for most third-party bank exports it will not.

Frequently asked questions

Can I just rename .ofx to .qfx?
Sometimes - if the file already contains a valid institution identifier Quicken recognises. For most third-party bank exports, a proper converter is needed.
Can Quicken import OFX directly without converting?
Some newer Quicken versions accept .ofx natively under File > Import > OFX File; try that first before converting.
Is it safe to use an online converter for OFX files?
OFX files contain account numbers and full transaction history - prefer a desktop tool over unknown online services.