These are ONE-way (to me) formats.
OFX -
OFX (Open Financial eXchange) is a standard for exchanging financial
information for finance packages. It was created by Intuit,
Checkfree and Microsoft in 1997. Used by Money 98 onwards and
sometimes called 'Active Statement'. Used by Quicken and
called QFX. Contains information which can uniquely identify
transactions to stop multiple transactions appearing in your file.
Supports multiple accounts per file, so you would only need one
download from each financial institution.
OFX
Home
About
OFX
OFX
Specification
The QFX/Web Connect
issue:
Reportedly, Intuit charges financial institutions for
QFX certification.
The Quicken app maintains a database of FIs
that offer Mac and/or Windows
support (i.e. have paid Intuit for
that platform),
checks the Bank ID information in the QFX file
against this database, and
refuses to read the file if is not
listed, even
though the information in the file is perfectly
valid.
(QFX/OFX is an XML formatted text file, and is
no
different between the two platforms.)
QFX – See OFX.
OFC -
OFC is an old Microsoft standard, used in Money versions from 97 up
to 2004 (See also FAQ
Article 31). It only supports one account per file.
MD -
Files with a .md suffix are presumed to be in the MoneyDance
binary format.
MoneyDance XML
- Files with a .xml suffix may be in the MoneyDance XML
export format. Essentially a readable alternative to the .md
format. Created by MoneyDance | File | Export. Consumed
by MoneyDance | File | Open.
QIF -
Intuit, the maker of Quicken, has dropped QIF imports in Quicken 2005 for the Windows® operating system and all future versions of its software.
Developed more than 10 years ago, QIF was never intended for downloading data from financial institutions. (It was actually a technical support tool). QIF users can mistakenly double post their transaction data, resulting in a bookkeeping nightmare. Older versions (1998 & earlier) used 2-digit years.
Data retrieved using OFX, however, prevents data from being posted twice by use of a unique system of built-in controls. Click here for more information about the sunset of QIF.
(See FAQ Article 28).
CSV – comma separated values