Why Forensic Accountants Need OFX Format
As forensic accountant, 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 4-8 hours per investigation on initial data extraction, allowing forensic accountants to focus on analysis rather than data entry across cases spanning hundreds of statements
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 4-8 hours per investigation on initial data extraction, allowing forensic accountants to focus on analysis rather than data entry across cases spanning hundreds of statements
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 forensic accountants work
Import into CaseWare, IDEA Data Analysis, Excel with Power Query or use for direct analysis.
OFX Tip for Forensic Accountants
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 Forensic Accountants
- 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 forensic accountants — Saves 4-8 hours per investigation on initial data extraction, allowing forensic accountants to focus on analysis rather than data entry across cases spanning hundreds of statements
- Format compatibility — Direct import into QuickBooks Desktop, Microsoft Money, GnuCash, and other personal finance applications that accept OFX bank feeds
OFX Converter — Built for Forensic Accountants
Direct import into QuickBooks Desktop, Microsoft Money, GnuCash, and other personal finance applications that accept OFX bank feeds
Convert to OFX Free