Reply to: Free Agent - Open banking

[SimonMac]

Just had an email today from FreeAgent support that their 3rd party provider, Yodlee, are now no longer supporting my bank feed with the Coop.

Had this issue since June and am getting no help so seriously considering changing everything now. Accountant recommendations that use a software package like FreeAgent but isn't FreeAgent but can still do bank feeds with the Coop?

Is Quickbooks any good?

qh

Why not swap to an business account that has open banking support?

If your iPhone doesn't work with the ball and twine you are using, why replace the modern tech and keep the legacy kit?

[TheCyclingProgrammer]

Just had an email today from FreeAgent support that their 3rd party provider, Yodlee, are now no longer supporting my bank feed with the Coop.

Had this issue since June and am getting no help so seriously considering changing everything now. Accountant recommendations that use a software package like FreeAgent but isn't FreeAgent but can still do bank feeds with the Coop?

Is Quickbooks any good?

qh

You'll probably find most online accounting providers moving away from Yodlee in favour of open banking feeds - I have a suspicion they may be forced to. I know Yodlee are reputable but let's face it, their "hand over your login details and we'll screen scrape" approach has always been a bit dodgy.

I'd second the advice above - if your bank has dropped the ball in rolling out open banking feeds, switch to one that has or supports direct integration using the FreeAgent API (like Starling).

[quackhandle]

Maybe just dump the Coop, eh?

Nice idea, never considered that.

qh

[wattaj]

Just had an email today from FreeAgent support that their 3rd party provider, Yodlee, are now no longer supporting my bank feed with the Coop.

Had this issue since June and am getting no help so seriously considering changing everything now. Accountant recommendations that use a software package like FreeAgent but isn't FreeAgent but can still do bank feeds with the Coop?

Is Quickbooks any good?

qh

Maybe just dump the Coop, eh?

[quackhandle]

Just had an email today from FreeAgent support that their 3rd party provider, Yodlee, are now no longer supporting my bank feed with the Coop.

Had this issue since June and am getting no help so seriously considering changing everything now. Accountant recommendations that use a software package like FreeAgent but isn't FreeAgent but can still do bank feeds with the Coop?

Is Quickbooks any good?

qh

[l35kee]

Just moved over to Starling. Great bank.

[DSF70]

I use HSBC and the switch over to Open Banking took less than 5 minutes. It has been working seemless since I switched over a week ago.

The only issue I have is that the HSBC OB feed (at circa 08:00 give or take 30mins) is based on yesterday’s end of day balance position. Of course that makes sense, but I previously uploaded “this morning’s” transactions at circa 08:30 each morning’s and then they were reconciled that day.

With the OB feed I have to wait a day.

It’s no big deal, just reminds me of a big issue we had when I worked at a bank and we moved their banking transactions feed from batch to real-time and the mess it caused in reverse!

[wattaj]

Ok, so I have spoken to a very helpful chap called "Calum" at Santander who will issue me with new, updated authentication details for my account. He explained that the existing details are correct for on-line banking, but that a new set would be required for this new, third-party, integration.

So there we go...

New security details. Account now linked. A small victory as we crash toward the end of another week on the bench.

[quackhandle]

Unsurprisingly the Coop are not participating in the Open Banking scheme.

So I have to put up with the dickheads from Yodlee and FreeAgent support (who just keep blaming Yodlee) as to why my Bank Feed isn't working (since f**king June!)

/rant over

qh

[dx4100]

Managed to connect my Santander current account but savings accounts don’t seem to be supported

[wattaj]

I haven't been able to get past the authentication stage of setting up an open banking link to Santander. Very frustrating.

Ok, so I have spoken to a very helpful chap called "Calum" at Santander who will issue me with new, updated authentication details for my account. He explained that the existing details are correct for online banking, but that a new set would be required for this new, third-party, integration.

So there we go...

[kryten22uk]

The big banks will have it sorted, my NatWest was switched at a click of a button (handy as FreeAgent and NatWest are both owned by RBS)

Do we actually need to switch over to OB if only have NatWest feeds? I thought it was only a Yodlee issue and NatWest don't use Yodlee. I don't want to fix what ain't broke.

[MrButton]

If for any reason the feeds are withdrawn by Yodlee before we are able to offer support for the feeds via open banking then you will need to upload transactions like this - Upload bank transactions

Exactly... so it becomes a manual process.

But:

“this should be once Metro bank support feeds via their own banking platform for Open Banking.”

Appreciate that your talking about Cater Allen but it sound like they’re not just going to bin the old connections just yet.

[northernladuk]

Do you only have current account with Santander or do you have savings as well ? I'm having issues getting my savings account to connect via open banking feed. I go through the registration process and I can only see an option for my business current account.

Though when I login via Santander's website, I can see both my current and savings using the same login credentials.

Didn't have this issue with Yoddle.

Both but must admit I dont use the savings account so never checked it. I will have a look later.

[wattaj]

I haven't been able to get past the authentication stage of setting up an open banking link to Santander. Very frustrating.