We are glad to announce that our personal finance software finally allows users to directly connect to their bank accounts in order to import financial transactions in their InEx Finance accounts. Many of our users have waited for so long to be able to automatically sync their bank accounts with InEx Finance and we are extremely pleased that we can now offer this feature.
You can add new banks to your InEx Finance account in a matter of seconds. This can be done either by clicking on Connect Bank button from your account dashboard or selecting Other from the top menu, then Banks->Add. You will be redirected to the website of our partner Salt Edge, a provider of financial data aggregation services. You will further have to select the country and name of your financial institution, and supply your bank account credentials in order to establish secure connection with your bank and retrieve transaction data. The Salt Edge Connect page will display the synchronization steps you are at and progress made.
Adding a new bank to your InEx Finance account is easy and quick. Also there is no limit as to the number of bank accounts you may synchronize. You can manage your bank account connections on the Banks page. You can remove banks from your account at any time by clicking on Delete button. Automatic synchronization is run once a day, but it's possible to perform sync on demand by hitting Refresh button. In case the connection with a bank becomes Inactive (the financial aggregation service provider for some reason can not connect to your bank) you will have to click on Reconnect button.
Salt Edge uses bank level security and employs advance data protection safeguards in order to protect your private and financial information at every step of the synchronization process. Moreover the PCI DSS certification affirms its compliance with the industry standards, therefore you can rest assured that your information will remain at all times safe and secure. Salt Edge focuses on the emerging markets, becoming a pioneer of financial data aggregation in European countries. Currently they support major banks in Russia, Romania, Ukraine, Czech Republic, Moldova, Israel and continue to grow their presence in other countries. Their network include such leading financial institutions like Raiffeisenbank, Sberbank, ING Bank, Alpha Bank, VTB24, Moscow Bank, Privatbank, etc. Another huge benefit is that users can also connect their PayPal and Yandex.Money accounts.
We hope this new feature will help you take your personal finance management experience to the next level and you'll be able to focus on improving your financial life instead of wasting time to manually import bank statements. Synchronizing your bank accounts with InEx Finance will give you the possibility to see the big picture, easily organize your personal finances and make informed money management decisions.