.OFX File Extension

Open Financial Exchange File

File extension .ofx is used for Open Financial Exchange. It was founded in 1997 by Intuit, Microsoft and Checkfree as unified specification for electronic exchange of financial data between institutio...

General Information

Title OFX File Extension
Extension .ofx
Full Form Open Financial Exchange File
File Type Financial Data File
Developer CheckFree, Intuit, Microsoft
MIME Type application/x-ofx

File Function

Primary Function Financial data exchange
Additional Functions Bank transactions import
Features XML-based structure, Human-readable

File Characteristics

Quality Structured data
Supports Layers N/A
Supports Transparency N/A
Editable Limited by software

Use Cases

Personal Finance Yes
Business Accounting Yes
Tax Preparation Yes
Financial Analysis Yes

Security and Practices

Security Risks Sensitive data exposure
Best Practices Encryption, Secure storage

Historical/Version Information

Initial Release 1997
Latest Version OFX 2.2 (2015)

Associated Types

Similar Extensions .qfx, .qif, .csv

Software Compatibility

Software Usage Policy OS Compatibility
Quicken Paid Windows, Mac
Microsoft Money Discontinued Windows
GnuCash Free Windows, Mac, Linux
QuickBooks Paid Windows, Mac