OFX (Open Financial Exchange) is a standardized format for exchanging financial data. Developed by Microsoft, Intuit, and CheckFree — supported by Quicken, GnuCash, Moneydance, and dozens of finance tools.

Is this converter really free?

Yes. Upload your bank statement PDF and download the OFX file instantly. This converter is free for everyone with no page limit and no account required.

What's the difference between OFX and QFX?

QFX is Intuit's proprietary variant of OFX for Quicken. Structurally they're nearly identical — Quicken accepts both. Our OFX file works with Quicken.

What's the difference between OFX and QBO?

QBO uses newer OFX 2.0 XML structure for QuickBooks Online. Standard OFX uses older SGML format. For QuickBooks Online, use our QBO converter. For Quicken and GnuCash, use OFX.

Which banks are supported?

Any bank worldwide — Chase, Barclays, HSBC, Deutsche Bank, BNP Paribas, Santander, ING, HDFC Bank, and thousands more. Scanned paper statements work too.

Will the OFX import create duplicates?

Our OFX files include unique FITID for each transaction. Quicken and GnuCash use FITID to auto-detect and skip duplicates during import.

Is my bank statement data kept private?

Your PDF is processed in memory and immediately discarded — never stored on disk, never shared. Only the structured transaction data is saved temporarily to generate your OFX download.

Convert PDF Bank Statement to OFX

Bank statement to OFX

Upload a PDF — get an OFX file ready for Quicken , GnuCash , or Moneydance.

Drop your file hereTap to upload

PDF, JPG or PNG · Free converter for everyone

Convert to OFX →

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Choose The Right Tool

Need all export formats?

Use the converter owner page when you want to compare CSV, Excel, QIF, OFX, and QBO instead of selecting OFX first.

Open the converter →

Need Quicken's older import format?

Use QIF if you specifically want the older Intuit interchange format for Quicken or QuickBooks Desktop.

Open QIF conversion →

Need QuickBooks Online import?

Use QBO when the destination is QuickBooks Online. OFX is better for Quicken, GnuCash, and Moneydance.

Open QBO conversion →

Output format

What the OFX file looks like

transactions.ofx

<OFX>
<BANKMSGSRSV1>
<STMTTRNRS>
<STMTRS>
<CURDEF>USD
<BANKTRANLIST>
<STMTTRN>
<TRNTYPE>DEBIT
<DTPOSTED>20251015120000
<TRNAMT>-67.42
<FITID>1
<NAME>WHOLEFDS MKT #10247
<MEMO>Groceries
</STMTTRN>
<STMTTRN>
<TRNTYPE>CREDIT
<DTPOSTED>20251014120000
<TRNAMT>2847.63
<FITID>2
<NAME>PAYROLL - ACME CORP
<MEMO>Income
</STMTTRN>
</BANKTRANLIST>
</STMTRS>
</STMTTRNRS>
</BANKMSGSRSV1>
</OFX>

How it works

Three steps to import into Quicken or GnuCash

Upload your bank statement PDF

Drop your PDF — digital or scanned. JPG and PNG images also work. Any bank worldwide.

AI extracts every transaction

Date, payee, amount, and category — structured into OFX format with unique FITID for duplicate detection.

Download OFX & import

Download the .ofx file. Quicken: File → Import. GnuCash: File → Import → OFX. One-click import.

Format comparison

OFX vs QIF — which one do you need?

QIF format

Plain text — easy to read

Quicken — supported (older)

QuickBooks Desktop — supported

Limited duplicate detection

Intuit proprietary format

OFX format

Quicken — preferred native format

GnuCash — recommended format

Auto duplicate detection via FITID

ANSI X9.38 financial standard

Better international support

TL;DR: OFX is the modern standard with FITID duplicate detection. QIF is older but still widely supported.

Who needs bank statement to OFX

Anyone importing bank transactions into personal finance software.

Quicken users

OFX is Quicken's preferred import format — auto-matches payees and detects duplicates.

GnuCash users

GnuCash recommends OFX over QIF for better data integrity and duplicate handling.

Moneydance users

Moneydance natively supports OFX import — transactions flow directly into your accounts.

Banks without feeds

When your bank doesn't support direct connect, OFX from PDF is the next best thing.

Why OFX is the standard for financial data import

OFX is theindustry standardfor exchanging financial data between banks and personal finance software. Unlike QIF (a proprietary Intuit format), OFX is an open standard (ANSI X9.38) supported by every major finance application — Quicken, GnuCash, Moneydance, Microsoft Money, and dozens more.

The key advantage of OFX over QIF isFITID-based duplicate detection. Each transaction has a unique financial institution transaction ID. When you import the same date range twice, your software automatically skips duplicates — something QIF can't do reliably. Our converter generates unique FITIDs for every transaction extracted from your PDF.

This workflow is essential when your bank doesn't supportdirect connector web connect downloads. Instead of manually entering transactions, convert your PDF statement to OFX in 30 seconds and import it. Works with any bank worldwide.

Secure

Your PDF is processed in memory and never saved to disk. All data is encrypted in transit.

Private

We never sell or share your financial data. Anonymous uploads are auto-deleted after 7 days.

Transparent

No hidden fees, no account required. Try it without an account, or create a free account for 25 pages per month.

Pricing

See where your money goes

Upload a statement and get answers in seconds. No card required.

Free

No card required

1 analysis / month (up to 25 pages)
20 transactions per document
Auto-categorized transactions
Money flow visualization
Export to CSV & Excel

Upload Free

Bank statement to OFX — FAQ

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