On startup, the program will scan the selected folder (by default, this set to the user's My Documents folder) for MT940 files. Files ending with the .mt940 and .txt will be parsed to check whether they are MT940 files AND contain transactions. If they do meet those criteria, they'll be added to the grid and for each file an OFX (or QIF) file of the same name as the MT940 file, but with the extension changed to .ofx (or .qif), will automatically be written in the OFX Files (or QIF Files) folder under the current user's My Documents folder.
You can use the Select Folder button to choose another folder to scan. When this option is used, all files listed in the grid will be cleared from the grid and the selected folder will persist and be applied next time you start the program. The program wil then rescan the selected folder and list all MT940 files it finds (as explained in the above paragraph).
Additionally, any CSV or QIF file that is added to the target folder while the program is running will be scanned (as described above) and a corresponding OFX file written to the destination folder (again as described above).
You can also re-write an OFX / QIF file by double clicking the file name in the grid.
The Exit button closes the program.
iCreateOFX MT940 to QIF and OFX Converter is NOT freeware. The program is available on a No Obligation 30 Day trial period at the end of which a one-time license fee is payable.