Quicken is fussy about bank files, which is exactly why we export QFX — its native Web Connect format.
Step by step
- Convert your statement and download the QFX export.
- In Quicken Classic, choose File → File Import → Web Connect (.QFX) File and select the download — or simply double-click the file and Quicken opens it.
- Quicken asks which account to add the transactions to. Pick the matching account (or create one) and confirm.
- The transactions land in the register, ready for categorisation and reconciliation.
Why not OFX or CSV?
Some Quicken versions refuse plain OFX files outright, and Quicken's CSV support is limited — QFX is the format it's built to swallow. If you use Quicken Simplifi rather than Quicken Classic, import the CSV export instead; Simplifi doesn't accept Web Connect files.
About the institution ID
QFX files carry a bank identifier. Since your statement was converted rather than downloaded from a bank feed, NoRekey uses a generic identifier that Quicken accepts — the transactions, amounts and dates are all your statement's own.
Reconciling
The export is balance-checked before you download it, so the register total after import should match the statement's closing balance exactly.