Guide

How to Identify Financial File Formats

By FinancialDataTools.com Team  ·  March 2026  ·  8 min read  ·  Last updated March 18, 2026

💰 Open the Financial File Detector to try every feature described in this guide.

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What Is the Financial File Detector?

The Financial File Detector identifies which supported financial format an uploaded file most likely is: OFX, QFX, QBO, MT940, or IIF. Detection is based on file extension and content inspection — every matched indicator is shown so you can understand why the verdict was reached.

Try the Financial File Detector — free, private, no install.

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Formats Detected

FormatKey Indicators
OFX.ofx extension, <OFX> element, OFXHEADER marker, transaction elements
QFX.qfx extension, OFX markers, <FI> financial institution element
QBO.qbo extension, OFX markers, <ACCTTYPE> element
MT940.sta/.mt940 extension, :20: :25: :28C: :60F: field markers
IIF.iif extension, !TRNS !ACCNT !END record headers

Indicator Transparency

Unlike black-box detection tools, the Financial File Detector shows every indicator it checked — both those that matched (✓) and those that did not (—). This lets you understand the confidence of the verdict and diagnose edge cases such as files with unusual extensions or missing headers.

Privacy

All detection is local. Your file never leaves your browser.

For a step-by-step walkthrough see the Financial File Detector tutorial.

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