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 BankTree Personal Finance Online - Synchronising Bank Accounts

Solution

BankTree Personal Finance Online bank synchronisation supports downloading of live transactions directly from your bank or financial institution. Click Here to check if your bank is supported.

  1. Click on the Sync icon on the top menu and the Online Banking Logins is shown. To enter your Banks login details click on the NEW LOGIN button to create a new login:

    Subscriber Login

  2. Search for your Bank, which is relevant to your country of residence:

    Subscriber Login

  3. Enter your Banks logins details and press the CONNECT BUTTON:

    Subscriber Login

  4. Details for all your accounts and transactions will be checked and available for download:

    Subscriber Login

  5. On completion you will be asked to link your existing accounts in the BankTree Online application, with your bank accounts:

    Subscriber Login

  6. Under the Account column, Click on the Link for each account and select your account. If the account has not been created you will need to close the Online Banking Logins and add the accounts. You can return to this dialogue afterwards and just select the LINK ACCOUNTS tab.

    Subscriber Login

  7. If you are not importing details for a particular account you do no need to link it. In order for the transactions to be imported you need to select at least one account:

    Subscriber Login

  8. Once done click on the EXISTING LOGINS tab, this will now list all the logins. For each login you can choose how to deal with categories, and duplicate transactions.

    Subscriber Login

    Selecting Import categories; Salt Edge will categorise the transactions based on automated rules against the payee. Don't import categories; The import rules that BankTree Online uses for categorisation are as follows: If a payee has not been imported before, then the transaction is categorised as Income or Expense based on the amount field only. If the payee has been imported, and has been categorised, the last used category for the selected payee will be used. If the payee has an entry in the import text field (see payee screen) then any matching entry against this, will match on the payee. The category for the last used payee is again used. Click the category field to make the selection.

    Selecting the Import option, You can also choose how duplicated records are dealt with. Import All; Imports all records without duplicate checking (this is done for all records over 2 months) - use this option if this is the first import done. Online Match; Imports any record that has not been imported 10 days, before the last imported transaction. This will also check manually entered transactions or transactions that have been automatically scheduled. Exact Match; skips any record which does not match on date, amount and payee 10 days, before the last imported transaction. This will also check manual and schedule transactions. Pattern Match; Imports all records 10 days, before the last imported transaction but flags transactions for matching that are 10 days before or after the import date for the same amount. This will also check manual and schedule transactions. Click in the import field to make a selection.

    Subscriber Login

  9. To complete the import process click on the green sync icon next to the login. The login will then import the records based on your selection.

    Subscriber Login

Once you have setup the logins then you do not need to create a new login or re-link the accounts. Only if there is a problem will you need to set this up again. For future imports you just go to the existing logins tab and press the green sync icon.

 

Frequently Asked Questions

These questions and responses only apply to the BankTree Online service

Which UK Banks do you support?

We support 25 UK banks at the moment you can check using this link  http://www.banktree.co.uk/online-banking-providers.html for which ones are available. We also support a lot of other banks 2,500 plus in 55 countries worldwide.

How many Banks will my monthly subscription cover?

Your monthly subscription will give you access to ALL of your banks you are not charged per bank.

Do I need a separate subscription per computer?

You only need ONE, subscription it can be used on multiple computers without additional charge.

How many months of transactions can I download?

You can download two months of transactions, this is the limit set by the banking provider.

Will you have access to my Bank Details?

No, we do not store details of your Bank logons on our servers. Your details are stored locally on your computer and passed via the Salt Edge service to access your accounts.

How secure is my data ?

Salt Edge uses high level banking security 2048 bit encryption on its website when you access its service.

How can I trial the online banking service?

If you are running the 7-day trial of BankTree Personal Finance Online. You automatically have access, for 7-days.

How can I cancel my subscription?

You can cancel this at any time before the next payment is due. You can cancel through PAYPAL or STRIPE. You can continue to use the service until the subscription period ends

 

Updated: 22nd October 2017

 

 
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