QIF to QFX Converter
Turn a QIF file into a QFX (Web Connect) file for Quicken, or into Quicken's own CSV layout, right in your browser.
Drop your bank file here or choose a file
QIF · stays on your device
No signup. Your file never leaves your computer. Works in your browser.
How to convert QIF to QFX
- Drop the QIF file into the converter Bank, cash, credit card, asset and liability sections are read. If the file holds several accounts, you choose one at a time.
- Confirm the date format if asked QIF files don't say whether 03/04/2026 is March 4 or April 3. The converter checks every date and asks only when it can't tell.
- Check the transactions Each transaction is shown with its date, payee, amount, memo and check number. Fix or delete any row.
- Choose QFX, the account type and the bank Pick checking, savings or credit card, and the bank shown in Quicken (or keep the widely compatible option).
- Download the QFX file Click Download QFX file and import it into Quicken. The steps appear right after the download.
How to import the QFX file into Quicken
Back up your Quicken data file before you import. These steps come from Quicken's own help pages.
Quicken for Windows
- Open the import screen Choose File › File Import › Web Connect (.QFX) File.
- Pick the file Select the QFX file you downloaded and click OK.
- Link the account Choose Link to add the transactions to an account you already have, or create a new account.
- Accept the transactions Open the account and review or accept the downloaded transactions.
Quicken's help pages name this menu item in slightly different ways (for example "Web Connect File"). Look for the Web Connect or .QFX item under File Import.
Quicken for Mac
- Open the import screen Choose File › Import › Bank or Brokerage File (OFX, QFX).
- Pick the file Select the QFX file and click Open.
- Choose the account On the Choose Your Accounts screen, pick the account to import into.
- Check the register Make sure the transactions were added.
Quicken for Windows, with a CSV file instead
- Make a Quicken CSV In the converter, choose Quicken CSV and type the account name exactly as it appears in Quicken.
- Open the CSV import Choose File › File Import › Banking Transactions › From (.CSV) File.
- Pick the file Click Choose .CSV File to Import…, select the file and click OK.
This is Quicken's own CSV import. Quicken describes it as useful for banks that don't support downloads. It does not check for duplicates, so import each file only once.
QIF and QFX in Quicken today
QIF (Quicken Interchange Format) is the plain-text format Quicken used for decades to move data between programs. Quicken now calls it a legacy format and says QIF files don’t work with Web Connect: for checking, savings and credit card accounts, downloads come as QFX files. On a Mac, Quicken reads a QIF file only when you start a new data file (File › New › Start from a .QIF file exported from another application), and it can’t add QIF data to an account you already have.
That’s why people convert QIF to QFX: an old export, a file from another money app, or a bank’s QIF download can then go into an existing Quicken account, on Windows or Mac.
What carries over
| From the QIF file | In the QFX file |
|---|---|
| Date (D) | Posting date |
| Amount (T or U) | Amount, with money out as a negative number |
| Payee (P) | Name, up to 32 characters; a longer payee is kept in full in the memo |
| Memo (M) | Memo |
| Number (N) | Check number when it is a number |
| Category (L) | Not carried (QFX has no category field) |
Every transaction also gets a stable ID, made from its date, amount, payee, memo and check number, so importing the same converted file twice doesn’t create duplicates in Quicken.
When to choose Quicken CSV instead
Quicken for Windows has its own CSV import (File › File Import › Banking Transactions › From (.CSV) File). It takes a fixed 10-column layout, adds the rows to the account you name, and keeps categories. Quicken describes it as useful for banks that don’t support downloads, and unlike a converted QFX file, it is an import Quicken supports. It doesn’t check for duplicates, so import each file only once. Quicken for Mac’s CSV import works differently and always creates a new account.
Supported banks and file layouts
QBO, QFX, OFX and QIF files from any bank
The reader handles both forms of OFX (the older SGML form used by QBO and QFX files, and the newer XML form), bank and credit card statements, and files that hold more than one account. QIF files from Quicken and other apps are read too, including Quicken's old date styles.
Any bank's CSV or Excel file
The converter finds the header row (even below bank names and account summaries), matches columns by name and by content, and handles one signed amount column, separate debit and credit columns, or an amount with a DR/CR column. Dates like 01/05/2026, 2026-01-05 and Jan 5, 2026 and amounts like (1,234.56) or 1234.56- are all read.
Common problems and fixes
- Quicken says it is "unable to verify the financial institution information for this download"
- Quicken checks the bank in every QFX file. Quicken lists these causes: a wrong date on your computer, a bank that doesn't support your Quicken release, missing or wrong bank information, or an account type the bank doesn't support. Check your computer's date, try another bank in the converter's bank list, or use the Quicken CSV option instead (Quicken for Windows).
- The categories from the QIF file are missing
- QFX files have no category field, so Quicken can't read categories from them. Choose Quicken CSV, CSV or Excel to keep the categories as a column.
- The dates are off by months
- Your QIF file may write dates day first. Choose Day first (DD/MM) when the converter asks, or change it above the table.
- Investment transactions are missing
- The converter reads bank, cash, credit card, asset and liability sections. Investment sections are skipped, and the converter says so when it finds one.
- Split transactions show only one category
- The converter keeps the main category of each transaction and its full amount; the split lines are not carried over.
QIF vs QFX
What Quicken does with each format, according to Quicken's help pages.
| QIF | QFX | |
|---|---|---|
| What it is | Quicken Interchange Format, a plain-text export format | A Web Connect file: an OFX statement with a bank ID |
| Works with Web Connect | No | Yes |
| Quicken for Windows | File › File Import › QIF File (Quicken's pages disagree on which account types can use it) | File › File Import › Web Connect (.QFX) File |
| Quicken for Mac | Only when starting a new data file | File › Import › Bank or Brokerage File (OFX, QFX) |
| Categories | Yes | No |
| Quicken calls it | A legacy format | Its Web Connect format |
Frequently asked questions
How do I convert a QIF file to QFX?
Drop the QIF file into the converter above, check the transactions, choose QFX, the account type and your bank, and click Download QFX file.
Why convert QIF to QFX?
Quicken says QIF files don't work with Web Connect, and Quicken for Mac reads QIF only when you start a new data file. A QFX file imports into an account you already have, on Windows and Mac.
Will Quicken accept the QFX file?
Quicken says it does not support QFX files made by conversion software, so there is no guarantee. If Quicken refuses the file, Quicken's own CSV import (Windows) is the supported route: choose Quicken CSV before you download.
Are categories kept?
Not in a QFX file, which has no category field. Quicken CSV, CSV and Excel files keep them.
Can I convert a QIF file with more than one account?
Yes. The converter lists the accounts in the file; choose one, download it, then choose the next.
Is my QIF file uploaded?
No. The file is read and converted in your browser and never leaves your computer.
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