Bill Pay "participating banks"
Since Quicken and Bank of America parted ways on Bill Pay (Quicken says it was BOA decisions, I have a letter from BOA that it was Quicken)… I find the necessary "two step process" tedious and prone to error (user error admittedly). I [Removed - No Soliciting] have been told that many other banks are still 'participating' or supporting Q bill pay (Wells Fargo, Truist?).
Does anyone know the list of banks? [Removed - No Soliciting]. Thank you
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"Quicken says it was BOA decisions, I have a letter from BOA that it was Quicken"
Ooh, ooh, any chance you could post that letter, suitably redacted? It's always been stated that it's the Financial Institution that
- Decides if it will allow downloads into Quicken and,
- Decides what method will be used.
The very, very reliable Direct Connect method that BofA (and Schwab, and Chase, and Discover, and others) used to use required paying a fee to Quicken. So with the conversion to EWC or EWC+ they no longer have to pay that fee and you loose the utility, like paying bills, that you used to have. Accordingly, Quicken has no financial incentive that I'm aware of to drop Direct Connect in favor of one of the EWC methods.
I'd love to see how BofA managed to turn that around, if you wouldn't mind.
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