← Back to converter

OFX v1 (SGML) vs OFX v2 (XML) — Why QuickBooks Rejects Your File

OFX v1 uses SGML without closing tags. OFX v2 uses proper XML. QuickBooks Online requires v2 (XML) format. Many banks still provide v1.

Solution: Our converter automatically detects OFX v1 and converts to v2 XML that QuickBooks accepts.
Convert your file now →

Free OFX/QFX to QBO converter. Works with Chase, Bank of America, Wells Fargo, Wise, and more. No signup required.