Format guide
QFX file for Quicken: layout and how to import it
Short answer
QFX is the file Quicken imports as a downloaded bank statement. In Quicken for Windows choose File, File Import, Web Connect (.QFX) File. On a Mac choose File, Import, Bank or Brokerage File (OFX, QFX). Quicken says it doesn’t support QFX files made by third-party converters, so if yours is refused, try OFX.
Last tested
Updated
What the format is
QFX is Quicken’s own version of Web Connect. Like QBO, it is OFX 1.02 with an Intuit bank ID, and only the file name ending differs.
Which software takes it
Quicken for Windows and Quicken for Mac. For other programs use OFX. QIF files don’t work with Web Connect.
How our file is laid out
The content is the same as our QBO file: the FI block with ORG and FID, INTU.BID, the account, and the transactions. The Bank ID defaults to 3000 and you can change it in the export options. NAME is cut to 32 characters with the full text in MEMO, and every transaction has a stable FITID.
How to import it
Quicken for Windows
- 01Back up your Quicken data file.
- 02Choose File, File Import, Web Connect (.QFX) File. Some versions label the item Quicken Transfer Format (.QFX) File.
- 03Browse to the .qfx file and open it.
- 04Link it to an existing account or create one, then follow the prompts.
- 05Review the transactions in the register.
Quicken for Mac
- 01Choose File, Import, Bank or Brokerage File (OFX, QFX).
- 02Select the .qfx file, then choose the account it belongs to.
Common errors and fixes
Quicken refuses the file or can’t verify the bank
Quicken’s help doesn’t cover this message. Given what Quicken says about converted files, try the OFX version instead, and contact Quicken support if that fails too.
Error OL-221
Quicken says this can come from your computer’s date and time settings. Check them, then try again.
The file opens in the wrong program or not at all
On Windows, set .qfx files to open with Quicken in Default Programs, or skip that and import through the File menu.
Duplicates
Quicken says to delete one copy of each duplicate. Each transaction has a stable ID, but if you also download from your bank, those IDs differ from ours, so avoid importing overlapping dates.
Converter
PDF to OFX / QFX
Converts a text PDF to OFX or QFX in your browser, checked against the statement’s own balances.
Text PDFs are read in your browser and never uploaded. Scanned PDFs are not supported yet; OCR is coming soon.
Questions
Is QFX different from QBO?
Should I use OFX instead?
Can I import a QIF file?
How do I know the transactions are right?
Is my statement uploaded anywhere?
Does this work on scanned statements?
What does it cost?
Sources
Menu names and limits for other companies’ software come from their own help pages below, checked October 2026. Software changes menus often, so if a label differs on your screen, the vendor’s page is the one to follow.
More guides
General information, not accounting or tax advice.