Which bank statement uploads does FreeAgent support?

FreeAgent uses electronic statement data to help you track money in and out of your business. It accepts electronic statements in one of three formats: OFX (Open Financial Exchange), an older format called QIF (Quicken Interchange Format), and CSV (Comma-Separated Variable) format for a number of other banks who don't support OFX or QIF.

You might see OFX referred to as Quickbooks, Microsoft Money 2005 or Sage Line 50. QIF is sometimes called Quicken 98 or 2000, or Microsoft Money 2003.

The UK banks that support OFX or QIF formats are:

• Abbey (QIF, but not Abbey Business)
• Alliance and Leicester (OFX and QIF)
• American Express (OFX and QIF)
• Barclays (OFX)
• Cater Allen Private Bank (OFX)
• Clydesdale (QIF)
• Coutts & Co (OFX and QIF)
• First Direct (QIF)
• Halifax (OFX and QIF)
• HSBC (QIF)
• Lloyds (QIF)
• NatWest (OFX)
• Nationwide (OFX - full statement)
• Royal Bank of Scotland (OFX and QIF)
• Tesco (OFX and QIF)
• Yorkshire (QIF)

Banks who only allow download as CSV, but that we have added support for, are:

• Abbey Business
• Co-operative Bank (Business Banking only)
• HBOS
• Nordea
• Paypal Business

In certain circumstances you may need to create or edit a CSV file of bank transactions to upload into your FreeAgent account.