Plans for working with foreign banks?

It is my impression that many other quicken users besides myself have accounts in more countries, and I wonder if anyone would know if there maybe future plans for quicken to work with foreign banks, thus make tranactions import from overseas banks possible ?
I imagine this could also potentially bring many new users to quicken as I don't see many comparable foreign financial applications.
4
4 votes

New · Last Updated

Comments

  • Quicken Anja
    Quicken Anja Moderator mod
    Hello @Janusz Walentynowicz,

    Thank you for taking the time to reach out to the Community with your question.

    Currently, there are no known plans for foreign bank account support with Quicken. Therefore, I went ahead and changed your post to an Idea so other users who have the same or a similar request can vote on your idea by clicking the up arrow (see below).


    Ideas are also reviewed by our Development and Product teams in order to improve Quicken and implement new features requested by customers.

    Please, be sure to add your own vote as well.

    -Quicken Anja
  • NotACPA
    NotACPA SuperUser ✭✭✭✭
    Personally, I wouldn't bet on this ever coming to fruition.  The banks/cards/brokerages/etc pay a fee to Quicken/Intuit to provide download services into Q ... and from the perspective of the individual foreign Institution, I don't see there being enough demand from their ENTIRE customer base for this to be desired by the foreign institution.
    Q previously had a UK/European version ... and it was allowed to die due to lack of interest.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    Additionally, banking regulations for online data vary considerably from country to country, so compliance with each country's laws and banking regulations make this a significant challenge. So that's another reason this is unlikely to happen. Also, connectivity services are run under contract by former Quicken parent Intuit, and I don't believe they support financial institutions outside the US and Canada. For Quicken to develop and support this on their own likely goes beyond their capabilities. (Quicken is a surprisingly small company.)

    But people who want this functionality should vote for the idea, and add a comment indicating the country(ies) of desired financial institutions. 
    Quicken Mac Subscription • Quicken user since 1993
  • beckmade
    beckmade Member
    I would not like to necessarily connect to my foreign accounts for automatic downloads (though it would be nice), but it would be nice to be able to set up a paycheck in a foreign account. Now I have to set it up in my US account and "transfer" the amount to my foreign account. This is all a bit silly in such a transient world. Can we at least get that functionality on the roadmap?
  • djw6242
    djw6242 Member
    Currently I have to enter all the transactions in my foreign bank account by hand. If I'm abroad this means that the myriad transactions need to be added to the account weekly or the job becomes very time consuming. I would just like to be able to download transactions and import them. Quicken could work with the banks to export transactions in compatible csv or QIF format rather than supporting direct connection to the banks. Most foreign banks let you download transactions but the formats are more trouble to work with than manual updating. Seems like a relatively low cost solution to the problem.