UK
QFX is Quicken's download format — useful inside Quicken, awkward everywhere else. If you don't use Quicken, a QFX file is just a wall of tags, and you probably want it as a CSV you can open anywhere. This guide covers how, and where Export Bank Statement fits. The honest note: Export Bank Statement converts PDF statements, not QFX files — but if your data came from a bank PDF, it produces CSV directly and checks the totals.
What a QFX file is
QFX (.qfx) is Quicken's branded version of OFX — the same structured transaction format, with Quicken-specific identifiers and, often, a requirement that it be opened in a paid Quicken product. Each transaction carries a date, amount, type, payee, and unique id. Because it's OFX underneath, the conversion routes mirror those for OFX and QBO files.
Why convert QFX to CSV
- You don't run Quicken and just need the transactions.
- You want a spreadsheet to total, filter, or share.
- Another tool needs CSV — accounting software, a lender's template, or a database import.
- You're archiving data in a format that won't depend on Quicken to read later.
How to convert a QFX file to CSV
- Check the source for a direct CSV download. Banks and brokerages that offer QFX often offer CSV too — choosing it avoids conversion.
- Use a QFX/OFX-to-CSV converter. Free web and desktop tools read QFX and write a CSV with date, amount, payee, and balance columns.
- Rename a copy to .ofx and use an OFX tool. Since QFX is OFX, many OFX converters accept it once the extension matches.
- Import into Quicken or GnuCash, then export. If you have software that reads QFX, its register usually exports to CSV.
- If you have the original PDF statement, convert that. Export Bank Statement turns the PDF into a reconciliation-checked CSV without needing the QFX.
Where Export Bank Statement fits — honestly
Export Bank Statement reads PDF statements only — it does not ingest QFX. Its job is the hard case: pulling transactions out of a PDF (including scans) and verifying them against the running balance. QFX, being structured, is the easy case the converters above handle. If you hold both the QFX and the PDF it came from, start from the PDF for a checked spreadsheet.
Frequently asked questions
Can Export Bank Statement open a QFX file?keyboard_arrow_down
No. It converts PDF statements only. Use a QFX/OFX converter, or convert the original PDF if you have it.
Is QFX the same as OFX or QBO?keyboard_arrow_down
QFX is Quicken's OFX; QBO is QuickBooks' OFX. All three share the same transaction structure, so converters often handle all of them. See OFX to CSV and QBO to CSV.
Why can't I just open QFX in Excel?keyboard_arrow_down
QFX is a tagged exchange format, not a comma-separated table — Excel shows the raw markup until you convert it.
Is it free?keyboard_arrow_down
Converting a PDF statement is free to start.
Try it on your own statement
Clean Excel/CSV, with every transaction checked to balance.