Find Out About the File Extension OFX

Sunday, June 7th, 2009 | Software with

File extension OFX is often associated with Open Financial Exchange file, which contains information relating to financial transactions and can be imported into a variety of applications to manage the money. Although rare, the file extension is used to store Olicom Fax OFX documents such as images.

Open financial exchange file format developed by Checkfree, Microsoft, and Intuit, and was published in 1997 along with the original specification. File extension OFX is designed to be a solution for data transmission of financial transactions, which would be widely supported by a variety of applications for financial management. File extension OFX is used through the Web to send information and financial transactions, and may be one or two options. One-way OFX transmissions, sometimes called an active download contain statements or details of the transaction, the site of financial institutions. OFX bi-directional transmissions, sometimes called direct states to offer the same features, which are attached to electronic payments, such as support from the customer’s bank, and you can start on the client side.

And if you want to know more about the File extension OFX, you can visit www.fileextensionofx.com.

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