Home → Switching to Moneydance →

International bank accounts

• Edit

Nicola

18 Sep, 2023 05:31 PM

Hi,
I'm thinking of switching from Wallet by Budget Bakers to Moneydance, but before I do so, I'd like to learn a little more about Moneydance, specifically:
- is it possible to use two different currencies (USD and Euro) on Moneydance at the same time?
- how often does Moneydance require that I connect my banks to Moneydance? I ask because with Wallet I sometimes need to re-connect my banks to Wallet every week, and that's a major reason I am leaving.
Thanks!

1. 1 Posted by Stuart Beesley ... on 18 Sep, 2023 06:05 PM

   
   1. Yes, you can run multi currency and have banks in different currencies. NOTE: Categories are currency specific
      
   2. You can transfer between currencies (using a rate)
      
   3. I think that depends on Plaid (MD+) and the bank. My own banks are something like 3 months. I have seen some reports of some banks monthly. It's not a MD thing, it's a Plaid/Bank thing...
   • Edit