Question: Will Your Bank or Other Financial Institution Download Transactions in Quicken?
Many banks, credit unions, brokerages and other financial institutions automatically download transactions into Quicken personal finance software.
Answer: A few years back, Intuit was charging a licensing fee to financial institutions to be able to download transactions into Quicken using the then-new and always-proprietary QFX download protocol. Financial institutions were passing this fee on to the customer, although most have stopped charging customers for Quicken transaction downloads. Check with your financial institutions before setting up transactions downloads to determine if you can do so for free. first to ensure that data downloads are free, especially if you use a regional bank or credit union.
- The Quicken Financial Institution List will tell you if all your financial institutions will download transactions into Quicken accounts.