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EU Bank onlne sync

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federico modolo

23 Nov, 2024 10:06 AM

I’ve been using Moneydance for a while, but at the moment, due to the lack of bank sync availability with my Italian bank, I’m using Pocketsmith, which I personally dislike.
Do you have any information on when EU banks will be supported by Moneydance+?
Thank you in advance!

1. 1 Posted by Martin on 23 Nov, 2024 11:14 AM

   

   Same here. I’m using Toshl finance but I’ve also tested lunch money, moneywiz, wallet by budgetbakers, and pocket smith. Nothing has the breakdown by asset type that I want to see. Closest thing is Kubera at €200/year.

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2. 2 Posted by derekkent23 on 23 Nov, 2024 11:58 AM

   

   I am not support staff, just a user.

   Sean the Moneydance developer stated recently “I need to focus on EU/UK online banking” among some other areas. So there is hope, but no timeline.

   Have Fun, Stay Safe.

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3. 3 Posted by khanujaaleen on 02 Dec, 2024 09:20 AM

   

   I am in a similar situation and know how frustrating it can be. I don't have an exact date for EU banks to support Moneydance+, but I've been exploring digital banking options lately. I found this resource https://dashdevs.com/blog/how-to-build-a-digital-bank/ which explains how bank integration works and how to set up a bank. This gave me a better understanding of why some banks take longer to sync with apps. Maybe it will give you some insight too! In the meantime, let's hope Moneydance+ expands its support soon.

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4. 4 Posted by derekkent23 on 02 Dec, 2024 12:38 PM

   

   I am not support staff, just a user.
   Hi

   Moneydance+ uses the aggregator Plaid for North America. There was a trial using Plaid for UK/Europe which I took part in but for various reasons Sean the Moneydance developer final rejected Plaid and is looking for a different aggregator for UK/Europe.

   Have Fun Stay Safe.

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5. Support Staff 5 Posted by Maddy on 02 Dec, 2024 01:34 PM

   

   Hi Federico,
   Thank you for contacting Moneydance support.

   We had hoped that EU bank connections would be available via Moneydance +, but unfortunately, we've encountered numerous problems getting this setup, and our lead developer has determined that Plaid is not going to allow EU bank downloads.

   Currently, we are looking into alternatives, but we are unable to provide an ETA for when the service will be available.

   Please be assured that getting EU banks included in Moneydance is still a very high priority for us. I have flagged this discussion so we can notify you directly when EU bank automatic downloads are available.

   In the meantime, you should update your accounts by manually downloading files from your bank's website.

   I hope this information is helpful. Please let us know if you have further questions or need more assistance.

   --
   Maddy, Infinite Kind Support

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