QFX is

Intuit Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application Tu ...

's proprietary version of the standard OFX financial interchange

file format A file format is a Computer standard, standard way that information is encoded for storage in a computer file. It specifies how bits are used to encode information in a digital storage medium. File formats may be either proprietary format, pr ...

. QFX is used in

's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to

. In contrast, the standard OFX format is a free and

open standard An open standard is a standard that is openly accessible and usable by anyone. It is also a prerequisite to use open license, non-discrimination and extensibility. Typically, anybody can participate in the development. There is no single definitio ...

. Intuit's

Quicken Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. Quicken runs on Windows and Mac ...

software will only import QFX files where the providing institution has paid the fee and in some cases passed quality tests, otherwise giving the error message "Quicken is currently unable to verify the financial institution information for this download". The same error message is given for Quicken users attempting to import previously downloaded QFX files with a Quicken subscription that has expired. Quicken 2017 was the last version sold with a 3 year expiration.

External links

Free QFX file viewer

References

Filename extensions Financial software Intuit {{business-software-stub

See also

External links

References