OFX to MT940 Converter - Bank Format Conversion

Convert OFX/QFX bank statements to SWIFT MT940 format. Transform US bank exports for European ERP systems. Browser-based and private.

OFX/QFX Input

Drop OFX/QFX file here

MT940 Settings

Bank BIC

Statement #

MT940 Output

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Frequently Asked Questions

OFX is common in North America while MT940 is the European/global standard. If your bank provides OFX but your ERP requires MT940, this tool bridges the gap.

OFX (Open Financial Exchange) is used by US banks for Quicken, Microsoft Money, and online banking downloads. It contains structured transaction data.

MT940 is a SWIFT standard for electronic bank statements. It's required by SAP, Oracle, and many European accounting systems.

Date, amount, transaction type, payee name, and memo are mapped from OFX to MT940 fields. Account information is preserved.

Yes. QFX is Quicken's version of OFX with minimal differences. Both formats are handled identically.

Yes. Override the account number and bank BIC for the MT940 output if your ERP expects specific values.

Yes. Opening and closing balances from OFX are converted to MT940 balance fields (:60F: and :62F:).

Completely. All processing happens locally in your browser. No data is transmitted to any server.

Currency codes are extracted from OFX and included in the MT940 output. Each statement uses its original currency.

The tool maps standard OFX fields to MT940 equivalents. Always verify the output in a test environment before production use.