tag:infinitekind.tenderapp.com,2009-01-14:/discussions/financial-institution-direct-connection-support-requests/3045-connecting-my-bank-transactions-with-moneydanceInfinite Kind: Discussion 2016-05-17T11:40:24Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/391801952016-02-16T10:17:43Z2016-02-16T10:17:43ZConnecting my bank transactions with moneydance<div><p>Hi Joel,</p>
<p>There are two methods that personal finance software can use to
access your accounts: direct connect and web connect.</p>
<p>With web connect, the software basically connects to your bank's
website and downloads and imports OFX, QFX, QIF, and OFC files
automatically. This is likely what you were using with Quicken.</p>
<p>Direct connect actually connects to a server at your bank
instead of their website and usually requires different login
credentials than you would use to log into your banks website.</p>
<p>Moneydance only supports automatic connections through direct
connect and not web connect.</p>
<p>If your bank begins to support direct connect, we'd be happy to
establish a connection with them.</p>
<p>Jenny<br>
Infinite Kind Support</p></div>Jennytag:infinitekind.tenderapp.com,2009-01-14:Comment/391801952016-02-16T11:29:47Z2016-02-16T11:29:47ZConnecting my bank transactions with moneydance<div><p>Hi,<br>
Can I automatically download financial information from my bank
account in the UK to money dance?</p></div>Larissatag:infinitekind.tenderapp.com,2009-01-14:Comment/391801952016-02-16T11:32:39Z2016-02-16T11:32:39ZConnecting my bank transactions with moneydance<div><p>Hi Larissa,</p>
<p>You can view a list of our supported financial institutions here
- <a href="http://infinitekind.com/fi">http://infinitekind.com/fi</a></p>
<p>If your bank is on the list, this means they support direct OFX
connections. You can setup online banking with these banks within
Online --> Set Up Online Banking. Then select 'New Connection'
and choose your financial institution from the list.</p>
<p>If your bank is not listed, then they do not support direct OFX
connections, which Moneydance (and other financial software)
requires in order to talk directly to a bank.</p>
<p>The best way to get your files into Moneydance is to use a web
browser to download them from your bank's web site. You can
download into QFX, OFX or OFC files (aka Quicken or MS Money
files), any of which will import cleanly into Moneydance.</p>
<p>You can also open your bank's download page directly (after
entering the appropriate address in the Account --> Edit Account
menu) by going to the menu bar and selecting Online --> Open
Account Website, which makes the download process easier.</p>
<p>Jenny<br>
Infinite Kind Support</p></div>Jenny