OFX Open Financial Exchange

XML standard for personal finance data exchange.

Definition

OFX 2.3 (2015) covers Banking (account, statements, transactions), Credit Card, Investments (positions, transactions), Bill Pay, Bill Presentment. Request/response XML format over HTTP POST. Maintained by the Financial Data Exchange (FDX) consortium developing the FDX REST/JSON API as modern successor.

Origin

Joint Microsoft + Intuit + CheckFree publication 1997, OFX Consortium 1998-2017, Financial Data Exchange consortium 2018-present.

Usage

Still widely deployed for downloading statements to Quicken, GnuCash, MoneyDance. Recommended successor: FDX API JSON for US Open Banking.

Related terms

• FDX API — successeur moderne.
• Open Banking — cadre concurrentiel.
• camt.053 — pendant ISO 20022 corporate.