Banks Droping Money Direct Connect Feature

#19 09-04-2006, 09:34 PM

On Fri, 1 Sep 2006 01:51:33 -0400, "King Hugh" <dtculver[at]mhcable.com> wrote:

- quote -

> I use TDBanknorth, which used to be Evergreen Bank and Trust. It integrates
> seamlessly with Money. I'll never bank any other way.
> Darrin

I tried Bank of New Hampshire, which is also now TD Banknorth.

Compared with CheckFree, which I used except during this trial period, the
disadvantages were:
The funds are debited from my account earlier by several days.
The funds take longer to reach the payee, by several days.
Transactions entered in the evening were not processed until the close
of the next business day, delaying processing even more.
I had one payment that did not reach the payee when using TD Banknorth.
My options were to stop payment for $25; wait six months and they would credit
the funds; or issue a new check and negotiate with the payee to throw out the
original if they eventually received it. With CheckFree, I can call them 24/7
and they handle the problem with no charge to me.

So far as integrating with Money, I select the update option within Money, and
my TD Banknorth (as well as my other) accounts all get downloaded
automatically.

The ONLY thing I cannot do from within Money is to transfer funds between my
several TD Banknorth accounts. So I go the web site for that.

--ron

#18 09-01-2006, 05:51 AM

I use TDBanknorth, which used to be Evergreen Bank and Trust. It integrates
seamlessly with Money. I'll never bank any other way.

Darrin

"Ron Rosenfeld" <ronrosenfeld[at]nospam.org> wrote in message
news:fhpbf29ioijrqjgq0pb8afc0rhbf32ki23[at]4ax.com...
- quote -

> On 30 Aug 2006 09:26:56 -0700, dane_cantwell[at]yahoo.com wrote:
> > I have had a couple of banks that I have done business with stop
> > supporting the direct bill pay from within Microsoft Money. In looking
> > for a bank to support this feature I have had at least one (Wachovia)
> > say they do offer that feature but are now no longer signing up new
> > customers for that service. As you all know it is a waste of time to
> > enter the bills on a web site and then do it again in MS Money. Who
> > still offers this service (I am in Texas and prefer a local bank but am
> > willing to do something online if that is what it takes). The other
> > thing I wonder is why are certain banks no longer offering this
> > feature? Wonder if it is a MS shakedown that they banks are resisting?
> > > -Thanks
> Since the early days of Money -- actually before Money using MYM (Manage
> Your
> Money by Andy Tobias) -- I have used Checkfree. I did try my bank on one
> occasion a few years ago, but their service, although free, was inferior
> in
> quality.
> --ron

#17 08-31-2006, 11:06 PM

I agree with you. I only answered the original question.

Steve wrote:
- quote -

> Art McClinton wrote:
> > Bank of America - at least in most locations. It does have monthly fee
> > or need an Advantage account.
> > > Of course Money users can do what I do with my Bank of America account
> for no additional cost at all. Just enter the data into BOA for payment
> and generally utilize the scheduled bills feature to get the same
> information into Money. Steve

#16 08-31-2006, 04:12 PM

Me too, plus one in the suburbs, and don't forget FNB (or whatever the
Detroit bank was called) that was part of the series. And that's just the
Illinois sequence, I also saw it on the Ohio side.

--
Michael Gordon
MVP

"Bruce Chastain" <bachastain[at]XNOSPAMXsbcglobal.net> wrote in message
news:%23F4kUyJzGHA.4932[at]TK2MSFTNGP02.phx.gbl...
- quote -

> "Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
> news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
> > Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> > within Money.
> For me it was First Chicago, then Bank One, then Chase. I'm hoping the
> next decade is more stable than the previous one.
> Bruce.

#15 08-31-2006, 03:07 PM

<dane_cantwell[at]yahoo.com> wrote in message
news:1156955216.048447.286930[at]74g2000cwt.googlegroups.com...

- quote -

> enter the bills on a web site and then do it again in MS Money. Who
> still offers this service (I am in Texas and prefer a local bank but am
> willing to do something online if that is what it takes). The other

Netbank, (not local) does offer direct support for bill pay. I still miss
the days when e-bills could be presented in Money.

D

--
wanna email me? remove '%*%'

#14 08-31-2006, 04:15 AM

In microsoft.public.money, Anna wrote:

- quote -

> Citi Cards refer to the credit cards. Citibank is the online bank.
> So are you saying that because Citibank is 3rd party, you cannot
> download checking/savings accounts directly into money from this bank?

It's somewhat indirect, but since that indirection is automated, the
visual effect is less.

- quote -

> Or do you mean that you cannot set up a Citibank checking account in
> MS Money to pay bills from within Money because it is 3rd party bank?
> I have never noticed differences between my Direct Services Credit
> Union (NOT 3rd party) and Citibank. What is it about the 3rd party
> service that makes the difference? Citibank and Citi Cards have always
> worked from within Money for me. What is it that Citibank won't do that
> a bank that is not 3rd party will do?

For one, the not-3rd-party method could work without having a
Passport/WindowsLiveID on the account. There would not be
intermediaries. Also, if Citibank changed the website, it could take
a while for the new scheme to be accessed for you. In the case of
Citibank that might be a shorter interval than for some banks with
fewer users. But the fact that it seems direct for you is good.

#13 08-31-2006, 03:28 AM

Citi Cards refer to the credit cards. Citibank is the online bank.

So are you saying that because Citibank is 3rd party, you cannot
download checking/savings accounts directly into money from this bank?
Or do you mean that you cannot set up a Citibank checking account in
MS Money to pay bills from within Money because it is 3rd party bank?

I have never noticed differences between my Direct Services Credit
Union (NOT 3rd party) and Citibank. What is it about the 3rd party
service that makes the difference? Citibank and Citi Cards have always
worked from within Money for me. What is it that Citibank won't do that
a bank that is not 3rd party will do?

Cal Learner-- MVP wrote:
- quote -

> In microsoft.public.money, Anna wrote:
> > Citibank does download directly into money.
> The credit cards do. However Citibank only provides a website the
> bank side. Money can have a third party check that website for you,
> and provide the data to Money. See
> http://www.microsoft.com/money/banko...=BanksOnly#217
> When you click on Citibank note that the entry says "third party".
> I am glad to hear it is working well for you.

#12 08-31-2006, 02:51 AM

In microsoft.public.money, Anna wrote:

- quote -

> Citibank does download directly into money.

The credit cards do. However Citibank only provides a website the
bank side. Money can have a third party check that website for you,
and provide the data to Money. See
http://www.microsoft.com/money/banko...=BanksOnly#217
When you click on Citibank note that the entry says "third party".

I am glad to hear it is working well for you.

#11 08-31-2006, 02:43 AM

I added the website just as a reference, not as a download site.

Cal Learner-- MVP wrote:
- quote -

> In microsoft.public.money, Anna wrote:
> > Citibank is one of the few banks I use that seems to always download
> > without problems. www.citibank.com. Chase is always great to use too.
> > They were discussing banks that download directly (no website
> involved), and even more elite, accept uploads to send payments with
> no website involved.
> > > > > Bruce Chastain wrote:
> > > "Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
> > > news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
> > > > Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> > > > within Money.
> > > > > For me it was First Chicago, then Bank One, then Chase. I'm hoping the next
> > > decade is more stable than the previous one.
> > > > > Bruce

#10 08-31-2006, 02:41 AM

Citibank does download directly into money.

Cal Learner-- MVP wrote:
- quote -

> In microsoft.public.money, Anna wrote:
> > Citibank is one of the few banks I use that seems to always download
> > without problems. www.citibank.com. Chase is always great to use too.
> > They were discussing banks that download directly (no website
> involved), and even more elite, accept uploads to send payments with
> no website involved.
> > > > > Bruce Chastain wrote:
> > > "Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
> > > news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
> > > > Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> > > > within Money.
> > > > > For me it was First Chicago, then Bank One, then Chase. I'm hoping the next
> > > decade is more stable than the previous one.
> > > > > Bruce

#9 08-31-2006, 02:36 AM

In microsoft.public.money, Anna wrote:

- quote -

> Citibank is one of the few banks I use that seems to always download
> without problems. www.citibank.com. Chase is always great to use too.

They were discussing banks that download directly (no website
involved), and even more elite, accept uploads to send payments with
no website involved.

- quote -

> Bruce Chastain wrote:
> > "Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
> > news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
> > > Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> > > within Money.
> > > For me it was First Chicago, then Bank One, then Chase. I'm hoping the next
> > decade is more stable than the previous one.
> > > Bruce

#8 08-31-2006, 02:05 AM

Citibank is one of the few banks I use that seems to always download
without problems. www.citibank.com. Chase is always great to use too.

Bruce Chastain wrote:
- quote -

> "Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
> news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
> > Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> > within Money.
> For me it was First Chicago, then Bank One, then Chase. I'm hoping the next
> decade is more stable than the previous one.
> Bruce

#7 08-31-2006, 01:27 AM

"Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
news:eKWZnWHzGHA.1292[at]TK2MSFTNGP03.phx.gbl...
- quote -

> Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
> within Money.

For me it was First Chicago, then Bank One, then Chase. I'm hoping the next
decade is more stable than the previous one.

Bruce.

#6 08-31-2006, 12:21 AM

On Wed, 30 Aug 2006 15:49:26 -0500, "Michael Gordon, MVP" <gordonm[at]denison.eduwrote:

- quote -

> Andy is still using MYM (for DOS), but I don't think he can get CheckFree to
> work with it.

That's interesting.

I know I was able to get it to work with MYM (DOS) until I stopped using it,
around mid 1997. But I do recall having to jump through some hoops to keep it
working in its later years.

--ron

#5 08-30-2006, 11:25 PM

Art McClinton wrote:
- quote -

> Bank of America - at least in most locations. It does have monthly fee
> or need an Advantage account.
Of course Money users can do what I do with my Bank of America account

for no additional cost at all. Just enter the data into BOA for payment
and generally utilize the scheduled bills feature to get the same
information into Money. Steve

#4 08-30-2006, 10:41 PM

Bank of America - at least in most locations. It does have monthly fee
or need an Advantage account.

dane_cantwell[at]yahoo.com wrote:
- quote -

> I have had a couple of banks that I have done business with stop
> supporting the direct bill pay from within Microsoft Money. In looking
> for a bank to support this feature I have had at least one (Wachovia)
> say they do offer that feature but are now no longer signing up new
> customers for that service. As you all know it is a waste of time to
> enter the bills on a web site and then do it again in MS Money. Who
> still offers this service (I am in Texas and prefer a local bank but am
> willing to do something online if that is what it takes). The other
> thing I wonder is why are certain banks no longer offering this
> feature? Wonder if it is a MS shakedown that they banks are resisting?
> -Thanks

#3 08-30-2006, 08:49 PM

Andy is still using MYM (for DOS), but I don't think he can get CheckFree to
work with it.

--
Michael Gordon
MVP

"Ron Rosenfeld" <ronrosenfeld[at]nospam.org> wrote in message
news:fhpbf29ioijrqjgq0pb8afc0rhbf32ki23[at]4ax.com...
- quote -

> On 30 Aug 2006 09:26:56 -0700, dane_cantwell[at]yahoo.com wrote:
> > I have had a couple of banks that I have done business with stop
> > supporting the direct bill pay from within Microsoft Money. In looking
> > for a bank to support this feature I have had at least one (Wachovia)
> > say they do offer that feature but are now no longer signing up new
> > customers for that service. As you all know it is a waste of time to
> > enter the bills on a web site and then do it again in MS Money. Who
> > still offers this service (I am in Texas and prefer a local bank but am
> > willing to do something online if that is what it takes). The other
> > thing I wonder is why are certain banks no longer offering this
> > feature? Wonder if it is a MS shakedown that they banks are resisting?
> > > -Thanks
> Since the early days of Money -- actually before Money using MYM (Manage
> Your
> Money by Andy Tobias) -- I have used Checkfree. I did try my bank on one
> occasion a few years ago, but their service, although free, was inferior
> in
> quality.
> --ron

#2 08-30-2006, 08:48 PM

Bank One -- oops, JP Morgan -- oops, Chase offers direct bill pay from
within Money.

--
Michael Gordon
MVP

<dane_cantwell[at]yahoo.com> wrote in message
news:1156955216.048447.286930[at]74g2000cwt.googlegroups.com...
- quote -

> I have had a couple of banks that I have done business with stop
> supporting the direct bill pay from within Microsoft Money. In looking
> for a bank to support this feature I have had at least one (Wachovia)
> say they do offer that feature but are now no longer signing up new
> customers for that service. As you all know it is a waste of time to
> enter the bills on a web site and then do it again in MS Money. Who
> still offers this service (I am in Texas and prefer a local bank but am
> willing to do something online if that is what it takes). The other
> thing I wonder is why are certain banks no longer offering this
> feature? Wonder if it is a MS shakedown that they banks are resisting?
> -Thanks

#1 08-30-2006, 07:26 PM

On 30 Aug 2006 09:26:56 -0700, dane_cantwell[at]yahoo.com wrote:

- quote -

> I have had a couple of banks that I have done business with stop
> supporting the direct bill pay from within Microsoft Money. In looking
> for a bank to support this feature I have had at least one (Wachovia)
> say they do offer that feature but are now no longer signing up new
> customers for that service. As you all know it is a waste of time to
> enter the bills on a web site and then do it again in MS Money. Who
> still offers this service (I am in Texas and prefer a local bank but am
> willing to do something online if that is what it takes). The other
> thing I wonder is why are certain banks no longer offering this
> feature? Wonder if it is a MS shakedown that they banks are resisting?
> -Thanks

Since the early days of Money -- actually before Money using MYM (Manage Your
Money by Andy Tobias) -- I have used Checkfree. I did try my bank on one
occasion a few years ago, but their service, although free, was inferior in
quality.

--ron

08-30-2006, 04:42 PM

It is so that the Banks can get you to come to their web site and read all
their ads (sorry valuable information). If you do the bill pay via Money
they can't get at you!

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.

I do not respond to any emails that I have not specifically asked for.

<dane_cantwell[at]yahoo.com> wrote in message
news:1156955216.048447.286930[at]74g2000cwt.googlegroups.com...
- quote -

> I have had a couple of banks that I have done business with stop
> supporting the direct bill pay from within Microsoft Money. In looking
> for a bank to support this feature I have had at least one (Wachovia)
> say they do offer that feature but are now no longer signing up new
> customers for that service. As you all know it is a waste of time to
> enter the bills on a web site and then do it again in MS Money. Who
> still offers this service (I am in Texas and prefer a local bank but am
> willing to do something online if that is what it takes). The other
> thing I wonder is why are certain banks no longer offering this
> feature? Wonder if it is a MS shakedown that they banks are resisting?
> -Thanks

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