Convert OFX to Fixed Width
Convert your Open Financial Exchange data to Fixed Width/Fixed Length quickly
Open Financial Exchange
OFX (Open Financial Exchange) is the open specification banks, brokerages, and payment providers use to publish
statements and transaction histories. A single .ofx download holds the sign-on response, account details,
and every statement transaction in one nested document, written either as SGML tag pairs or as XML.
Fixed Width/Fixed Length
A fixed width (or fixed length) file is a text data file in which each field in a record is allocated a specific number of characters, regardless of the actual content length. This consistent column width ensures that data aligns in columns across rows, making the file appear like a table when viewed in a plain text editor. If a field's content does not fill the entire width, it's padded with spaces or other placeholder characters. Fixed width files are often used in legacy systems, mainframes, and financial data processing systems.