Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is .ofx?

0
Posted

What is .ofx?

0

.ofx or Open Financial Exchange is the new industry standard for online banking. Specifically, OFX is a unified specification, or protocol for the exchange of electronic financial data over the Internet. It streamlines the delivery of transactions and other financial information from financial institutions to their customers. This process involves communication between financial institutions, transactional servers, and customers.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.