How do I update my accounts automatically?

iBank 3 features the ability to connect directly to your financial institutions via the Internet and update your accounts automatically. Transactions are downloaded using Open Financial Exchange (OFX), which is not supported by all financial institutions (and some may charge a fee for this service). We do not guarantee online access for all accounts.

To configure your accounts for online access:

Before you can download updates directly from your financial institutions, you must configure your accounts for online access. For information on how to do this, see Online Account Access.

To update your accounts automatically:

Click the download Download button on the toolbar or choose Account>Download Transactions for All Accounts. If you only want to update one account, select it in the source list and choose Account>Download Transactions for Select Account. iBank will then attempt to connect to your financial institution(s) and retrieve the latest transactions for the account(s) indicated. To cancel downloading for a particular account, click the x button button next to that account's progress bar. To cancel all downloads, click "Cancel."

downloading transactions

When downloading is complete, the import window will appear so that you can process the new transactions. For more information about working with imported transactions, see Processing Imported Transactions.

When updating your accounts automatically, iBank only retrieves transactions dated after the last import date noted for each account. The last import date updates automatically each time you download transactions for that account. You can set the last import date for an account to the current date by selecting the account in the source list and choosing Account>Set Last Import Date to Today, or you can specify a date in the account information pane.