Why move from QIF to OFX download?
Intuit wants you to have the best possible download experience. Intuit supports the transition to OFX because OFX connectivity offers an easier, quicker setup and download than QIF. With OFX download: • There is no need for manual account setup. Quicken goes online first to set up all the accounts you have at that financial institution. • Quicken provides financial institution-specific instructions to get your user ID and PIN. • Quicken automatically sets up your account with an opening balance. There is no need to use paper statements. • Quicken automatically downloads and categorizes your data in the background. • In most cases, the date range for new transactions is selected automatically. • The financial institution and Quicken accounts are automatically linked after the first download session. • Customer support is available. • Quicken will automatically start when you begin an OFX Web Connect session. Some of the limitations with QIF include: • QIF was never designed to be a tran
Related Questions
- OFX offers you an easier, faster, and more accurate download experience. Many banks, credit card, brokerage, and 401(k) companies support OFX and now connect to Quicken for automatic data downloads.* Does your financial institution support download into Quicken?
- Which accounts will allow me to download transaction history in QIF, OFX or CSV format?
- Why move from QIF to OFX download?
