Nationwide Downloads


S

sugna

Hi, has any one worked out the csv to ofx problem. Looks to complicated for
me!
What are people actually going to do after the 22nd?
 
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B

BrianW

sugna said:
Hi, has any one worked out the csv to ofx problem. Looks to complicatedfor
me!
What are people actually going to do after the 22nd?
I may look elsewhere, but I had so much hassle transferring to
Nationwide in the first place (including them failing to transfer a
direct debit for their own credit card - now why didn't I claim that
£50?) that in practice I will probaably do what I do for credit cards,
which is enter the details from my transaction slips manually and check
them against the statement or online banking site. A possible problem
with just accepting the downloads is that you might overlook fraudulent
transactions - although hopefully there won't be any.

At least Nationwide still have loading free transactions in Europe.
Maybe if they get rid of that as well I will consider moving. A&L looks
like a good bet. The problem is that there's no guarantee that their
interest rates will last either. And if you maintain an average credit
balance of £1000 on your current account, 4% interest means £40a year
gross - or £24 if you are a high rate taxpayer. Not exactly a princely
sum! I could save that on a single major purchase simply by shopping around.
 
M

martin_pentreath

You could use MT2OFX free software to do this. You will find it athttp://www.xs4all.nl/~csmale/mt2ofx/


I am looking for another bank!

Jerry
I've gone over to Natwest, very smooth so far, I've opened a few e-
savings accounts to replicate my Nationwide system. The Natwest OFX
files download very smoothly into Money, and you only need one
download which updates all your accounts with them. I haven't even
looked at interest rates, I had no idea what Nationwide was paying,
and for the few quid involved it's a non-issue for me against having a
system of managing my finances that works.

Cheers!

Martin
 
B

BrianW

I had no idea what Nationwide was paying.
FlexAccount - nothing (formerly 4%).
E-savings - 0.45% (formerly 5% plus).
There is another e-savings account with a higher interest rate, but
several restrictions.

BTW My complaint has also been referred to their complaints procedure.
They tried to phone me once, but when I wasn't in they didn't try again.
 
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I telephoned Nationwide and logged a formal complaint; A week later a member of their support team contacted me. I ‘re-educated’ the person to why I would like to, at least be able to download .OFX files and why it makes life easier for me. I was told that my request would be forwarded to the web support team and the person was also surprised when I said failure to allow .OFX file downloads could cause me to move banks.

So I urge you to complain formally and request .OFX file download be made available. I think it may have been an oversight on their part and a lack of awareness to how useful .OFX downloads are.
 
M

Mark

Hi, has any one worked out the csv to ofx problem. Looks to complicated for
me!
What are people actually going to do after the 22nd?
Aaaargh! They've already disabled the Money downloads. I'd hoped
that they would last till the end of today :-(

I've tried the MT2OFX program but it doesn't recognise duplicate
transactions so I have had to manually delete them :-(
 
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Mark, I had the same issue with conversion failure. Try this number to complain on:

01793 697596
Linda Scott
Senior Complaints Consultant
Nationwide Internet Services
 
P

paddytt

Which other banks offer OFX downloading of all accounts at once?

Lloyds are one account at a time

Natwest are all in one.

First Direct?

A&L?

RBS?


thanks!

TT
 
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M

Mark Rae [MVP]

Which other banks offer OFX downloading of all accounts at once?
Barclays
Alliance & Leicester Commercial Bank

I use both on a daily basis...
 

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