OFC is a data exchange file format developed by Microsoft to allow transferring data between Microsoft Money and similar finance management software tools. OFC is an open standard. In 1997 OFC was replaced by the OFX standard, and in 2005 Microsoft Money officially dropped support for the format.
The application was developed by Microsoft as personal finance software. The money allowed users to manage their bank accounts using the application interface. This feature, however, is that each country received a dedicated version of the application. The polish localized version of Money never had this feature implemented. Microsoft has discontinued Money, rendering OFX and OFC files useless. The final updated package for Money, named Sunset, added some features that allows users to access online version of the service.
Below you will find an index of software programs that can be used to open OFC files divided into 3 categories according to system platform supported. Files with OFC extension, just like any other file formats, can be found on any operating system. The files in question may be transferred to other devices, be it mobile or stationary, yet not all systems may be capable of properly handling such files.
Updated: 12/20/2022
There can be multiple causes why you have problems with opening OFC files on given system. On the bright side, the most encountered issues pertaining to Open Financial Connectivity Format files aren’t complex. In most cases they can be addressed swiftly and effectively without assistance from a specialist. The list below will guide you through the process of addressing the encountered problem.
Problems with opening and working with OFC files are most probably having to do with no proper software compatible with OFC files being present on your machine. The most obvious solution is to download and install Microsoft Money or one to the listed programs: Moneydance, Bank2CSV. On the top of the page a list that contains all programs grouped based on operating systems supported can be found. One of the most risk-free method of downloading software is using links provided by official distributors. Visit Microsoft Money website and download the installer.
If the problems with opening OFC files still occur even after installing Microsoft Money, it is possible that you have an outdated version of the software. Check the developer’s website whether a newer version of Microsoft Money is available. Sometimes software developers introduce new formats in place of that already supports along with newer versions of their applications. If you have an older version of Microsoft Money installed, it may not support OFC format. The most recent version of Microsoft Money is backward compatible and can handle file formats supported by older versions of the software.
After installing Microsoft Money (the most recent version) make sure that it is set as the default application to open OFC files. The method is quite simple and varies little across operating systems.
The procedure to change the default program in Windows
The procedure to change the default program in Mac OS
If you followed the instructions form the previous steps yet the issue is still not solved, you should verify the OFC file in question. Problems with opening the file may arise due to various reasons.
If the OFC is indeed infected, it is possible that the malware is blocking it from opening. Scan the OFC file as well as your computer for malware or viruses. If the scanner detected that the OFC file is unsafe, proceed as instructed by the antivirus program to neutralize the threat.
If you obtained the problematic OFC file from a third party, ask them to supply you with another copy. During the copy process of the file errors may occurred rendering the file incomplete or corrupted. This could be the source of encountered problems with the file. It could happen the the download process of file with OFC extension was interrupted and the file data is defective. Download the file again from the same source.
Sometimes in order to access files user need to have administrative privileges. Log out of your current account and log in to an account with sufficient access privileges. Then open the Open Financial Connectivity Format file.
If the system is under havy load, it may not be able to handle the program that you use to open files with OFC extension. In this case close the other applications.
Latest versions of programs and drivers may help you solve problems with Open Financial Connectivity Format files and ensure security of your device and operating system. Outdated drivers or software may have caused the inability to use a peripheral device needed to handle OFC files.
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