Why Care Homes Need OFX Format
As care home manager, converting bank statements to OFX saves hours of manual data entry. Open Financial Exchange (.ofx) is a standardised financial data format designed specifically for importing transactions into personal finance and accounting software. Saves 3-4 hours per week on funding stream reconciliation for a care home with 40+ residents funded through multiple sources
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 3-4 hours per week on funding stream reconciliation for a care home with 40+ residents funded through multiple sources
AI outputs OFX
Our AI extracts all transactions and outputs OFX (.ofx). BankScan AI generates OFX 2.2 compliant files with proper BANKACCTFROM headers,
Use in your care homes work
Import into Sage, Xero, CoolCare or use for direct analysis.
OFX Tip for Care Homes
BankScan AI generates OFX 2.2 compliant files with proper BANKACCTFROM headers, STMTTRN transaction records, and FITID unique identifiers for each transaction to prevent duplicates on re-import.
Supported Banks
BankScan AI works with all major UK and US banks, including:
OFX Features for Care Homes
- OFX advantages — Accounting software treats OFX imports like a native bank feed — transactions appear in the bank reconciliation screen ready for matching, rather than requiring manual column mapping.
- Built for care homes — Saves 3-4 hours per week on funding stream reconciliation for a care home with 40+ residents funded through multiple sources
- Format compatibility — Direct import into QuickBooks Desktop, Microsoft Money, GnuCash, and other personal finance applications that accept OFX bank feeds
OFX Converter — Built for Care Homes
Direct import into QuickBooks Desktop, Microsoft Money, GnuCash, and other personal finance applications that accept OFX bank feeds
Convert to OFX Free