Knowledge Base

File extension description in German
File extension description in French

File Extension OFX

OFX files are related to Open Financial Exchange or Olicom Fax applications. Open Financial Exchange uses a standard to exchange financial data between consumers, businesses, and financial institutions via the Internet. This program uses a financial file type known as an OFX file, which supports a broad range of financial activities that are securely transmitted via a direct connection to the server for a specific financial institution.

Olicom Fax is an older type of OFX file which is not supported by most of the modern day applications. Very little is known about this file type other than it is an image file type that can be accessed by only a few applications.

If the OFX file is related to Open Financial Exchange, the file will contain data relevant to billing, banking activities, stocks, transactions, and other information associated with a financial institution.

How to Open OFX Files

To open an OFX file, double click on the file to see if it automatically opens in the default program associated with it. If the file is related to business you conduct with a financial institution, chances are you have the appropriate program installed on your PC.

If you use Windows, you can open OFX files with Intuit Quicken or Microsoft Money, which are utilities for managing your finances. Microsoft Money was discontinued last year; however, many PC users still use it to open and manage financial documents.

For Mac OS X, you can open OFX files with Intuit Quicken Essentials for Mac or Apple Numbers 2.1, which is a spreadsheet program designed for Mac OS. Reilly Technologies Moneydance, which is available as a free download from the Moneydance website, will also open OFX files on Mac.

If you use the Linux operating system, you can open OFX files using KMyMoney, which is an open source finance manager available as a free download from the SourceForge website. You can also use Reilly Technologies Moneydance as described above to open OFX files with Linux.

GnuCash is a multiplatform accounting software application that will open OFX files in Windows, Mac, or Linux. This program is open source and available as a free download from the website.

If OFX files are associated with Olicom Fax, you can open and view them using XnView, which is graphics software available as a free download from the XnView website. It works with Windows, Mac OS X, and the Linux operating system.