Customers can download transactions and update account balances on a daily basis.
They can retrieve a closing statement that contains the same information that they are accustomed to seeing on a paper statement. They can transfer funds between accounts at a financial institution, either immediately upon going online or on a regular schedule. Customers can schedule transfers between accounts on a recurring basis and can transfer funds between accounts at different financial institutions. If necessary, customers can request a wire funds transfer. OFX also enables requests to stop payment on pending checks.