Anectodally speaking, here’re some banks that I know of that support it as 
of today:

   - alliant 
   - ally 
   - becu 
   - capitalonebank 
   - chase 
   - citi (direct download supported) 
   - etrade (direct download supported) 
   - fidelity (direct download supported) 
   - morganstanley (direct download supported) 
   - target 
   - techcubank 
   - vanguard 

And again, anecdotally, here are the banks that removed support for it in 
the last couple years:

   - amex 
   - discover 
   - schwab 

Ofx was introduced in 1997. In the tech world, that is old. It will 
eventually go away. But nobody knows when the remaining institutions will 
remove support for it.

So how should one approach ofx when writing importers? Here’s my two cents:

1) For me, the interesting question is not “should I invest time into 
setting up an ofx import” as much as it is “how can I setup my import 
system for adaptability so swapping out a file format for another is easy?”

   - Consider also that the download method and the file format are only, 
   say, 20% of your import system with respect to setup effort and complexity 

2) Consider your alternatives. Here’s an example of development times (this 
is unscientific, and the relative times are more important than the 
absolute numbers):

   - ofx: 5mins 
   - csv: 1-2 hours 
   - 
   
   some_other_format (json, xml): 2-4+ hours
   
   In addition, Non-ofx formats unfortunately have a lot of
   downsides 
   
<https://reds-rants.netlify.app/personal-finance/a-word-about-input-formats-use-ofx-when-you-can/>
   .
   
3) Don’t confuse direct downloads with ofx. Some banks have pulled support 
for direct downloads, but continue to support ofx if you download them 
manually from their website. An example is Chase.

Summary: setup ofx today when you can. There’s no downside to doing so IMHO 
as it’s low effort. Focus on building a robust ingest system where changing 
file formats is an easy, small part.

And finally, what does the future hold?

   - Europe is ahead of the US/North America: finance.ec.europa.eu 
   
<https://finance.ec.europa.eu/digital-finance/framework-financial-data-access_en>
 
   - The US is doing something about it as well. See federalregister.gov 
   
<https://www.federalregister.gov/documents/2023/10/31/2023-23576/required-rulemaking-on-personal-financial-data-rights>,
 
   though so far, despite mentioning “consumer access” here and there. it 
   seems to be somewhat focused on “third party access.” 

​

On Saturday, September 28, 2024 at 2:40:41 PM UTC-7 chri...@gmail.com wrote:

> I've been using beancount for about 2 years now, and in the last month 
> I've started looking more closely at the External Contributions 
> <https://docs.google.com/document/d/1Z37bQ45wDtjTPaMQ_x-f33p1trH9fNosEAUgbQXwp30/edit#heading=h.rs27hvxo0wyl>.
>  
> I decided to try reds-importers, and pretty quickly discovered a few things:
>
>    1. ofxhome.com is gone.
>    2. ofx.chase.com doesn't work anymore ("Name or service not known")
>    3. FDX is a new thing, and does not appear to be friendly to 
>    open-source accounting tools like beancount.
>
> For those that have used OFX for a long time - is it slowly going away? 
> Are there alternatives that facilitate automatic downloads?
>
>

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