Convert OFX to QIF

File Extension OFX
Full Name Open Financial Exchange Format

File with a .OFX extension contains financial data – transactions, declarations, data on finances stored in an open format, designed for purpose of exchange of such data between different entities.

File Extension QIF
Full Name Quicken Interchange Format

QIF is a text file format used by many financial software applications. QIF file stores data in plain text ASCII format without any encryption, such as information about accounts and financial operations stored using Intuit Quicken software application.

What is file format conversion?

File format conversion is the process of transforming a file from one format (referred to as "OFX") to another (referred to as "QIF"). This may be necessary for various reasons. For example, OFX file may be incompatible with the software or device we want to use to open or edit it. In such cases, converting the file from format OFX to format QIF becomes essential.

So, how can we perform OFX to QIF file conversion? Fortunately, there are many tools and computer programs available that enable file format conversion. These tools work by reading the data from the file in format OFX and transforming it into format QIF. This allows the preservation of the original information contained in the file, even after changing its format. Below you will find a list of OFX to QIF converters.

Conversion from OFX to QIF

How to convert the OFX file to QIF?

If you have already downloaded one of the converters and installed it on your computer, you can proceed to the appropriate conversion process of OFX to QIF. Handling all the programs is usually very intuitive and is based on the same pattern of conduct. We will briefly discuss a few steps that you always need to go through while changing the format of the OFX file:

  • Please indicate on your computer the source file OFX, the format of which you are going to change
  • Load the OFX file to the application
  • Select the output format of the QIF file (the one that we want to achieve)
  • Select the location to save the output file QIF on the disk (the place where the program will save the converted file)
  • Confirm conversion
  • Wait for a moment
  • Enjoy the converted QIF file that can be found in the location selected in step 4
I cannot see the file extensions. What should I do?

File extensions are not normally displayed to users. To change this, go to Control Panel, select Appearance and Personalization and Folder Options. Next, select the View and find the option "Hide extensions for known file types". The option should be deselected (cleared) and confirmed with OK.