"Re: ofx info for scotiabank in canada?".
#OPEN FINANCIAL EXCHANGE QBOTOCSV QBO2CSV GITHUB JAVA SOFTWARE#
Direct Connect allows personal financial management software to connect directly to a bank OFX server, whereas in Web Connect, the user needs to log in and manually download a.
In Intuit products, OFX is used for Direct Connect and QFX for Web Connect. QFX is a proprietary variant of OFX used in Intuit's products. Many banks in the US let customers use personal financial management software to automatically download their bank statements in OFX format, but most Canadian, United Kingdom and Australian banks do not allow this, however, many banks do support downloading financial data in OFX, QFX, QIF, or spreadsheet format via their web interface for later import into financial software. According to the main OFX site, "The specification is freely licensed, allowing any software developer to design an interface that will be supported on the front-end." Support in various countries Versions 1.0 through 1.6 relied on SGML for data exchange, but later versions are XML based. The specification allows for bank- and application-specific extensions, although only a subset is necessary to describe a financial transaction. The first OFX specification, version 1.0, was released on 14 February 1997. Microsoft, Intuit and CheckFree announced the OFX standard on 16 January 1997.
Open Financial Exchange ( OFX) is a data-stream format for exchanging financial information that evolved from Microsoft's Open Financial Connectivity (OFC) and Intuit's Open Exchange file formats.
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