New feature: Add your own bank to Wesabe

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We’ve launched another great new feature tonight: if your bank or credit card isn’t listed as supported in Wesabe, you can add it yourself in under a minute. Why wait months for someone else to decide if they want to help you with your money or not, when you can be up and running in minutes?

We have always tried to be as inclusive as possible in listing every bank, credit union, and credit card, anywhere in the world, and we already have about 5,000 banks and credit cards around the world supported within our system — more than other sites, in most cases thousands more. The only requirement we have is that they provide one of the export formats we support (currently OFX, a.k.a. “MS Money,” QFX, a.k.a. “Quicken”, QIF, or OFC). We also make automatic downloads available to more people than ever before, using our Firefox Uploader, for the banks that support one of those formats. On top of that, we provide automatic currency conversion for all of the world’s major currencies — now over 180 currencies total.

But, there are still plenty of banks, credit unions, and credit cards around the world that we don’t yet list — either we don’t know about them or we just haven’t gotten to adding them yet. For new users, this means that they have had to write to our support line, and wait for us to add their bank. Often we do that in under one business day, but that’s still too long of a wait.

Now, that wait is gone. Simply by filling out a three-question setup form, any bank that supports one of our import formats can be added immediately.

Add a bank

For security reasons, a bank you add is only visible to you until we review and approve it. But, you can use it right away with either manual upload on the site, or in the Firefox Uploader.

I’ve talked before about why we’ve built our own data import system, rather than contracting out to a third-party data middleman service. One of the reasons I always mention is that building our own system allows us to control the results, and give you more control over your own data and experience by extension. This is another example of how owning that system allows us to provide you with better support — unlike other sites, we don’t have to pay anyone to add a new financial institution, nor do we have to outsource an update development process in order to laboriously add that support. In under a minute, you can add your own bank to Wesabe, and for almost any bank out there, you can automate your uploads with just a few clicks. No waiting. Full convenience.

We’re putting the finishing touches on some more new features that take even greater advantage of the data import system we’ve built. I’ll admit that building from the ground up has meant we’ve had some construction noise from time to time. 🙂 But now that the foundation is solid and the walls are rising, you’ll find that Wesabe gives you the most control over your financial data, and the best choices for handling your private credentials so that you’re comfortable and secure. We can give you the best experience because we own it top to bottom, and we love seeing that pay off for you. I hope this helps.

7 Responses to “New feature: Add your own bank to Wesabe”

  1. Jason Knight Says:

    What I really like about this feature is that I get a lot of calls from people who want to add a bank, and what I always used to have to tell them was: “send an email to support, and we’ll happily add your bank / credit union.” Repeat. It was a very limited sort of conversation. – we were talking process not result.

    “Add a bank” (or credit union) allows people to more quickly get to a great result, and that is very good news for the whole Wesabe community.

  2. Wesabe introduces ‘add your bank’ feature « The Bankwatch Says:

    […] Wheaties for Your Wallet » Blog Archive » New feature: Add your own bank to Wesabe We’ve launched another great new feature tonight: if your bank or credit card isn’t listed as supported in Wesabe, you can add it yourself in under a minute. Why wait months for someone else to decide if they want to help you with your money or not, when you can be up and running in minutes? […]

  3. Stephen Douglas Says:

    But still no csv import 😦 That’s what’s stopping me using wesabe, as most UK banks don’t do OFX or QFX. It’s been “coming soon” now for an awful long time.

  4. Richard Says:

    My (UK) bank doesn’t do any kind of exporting of data. I even asked them specifically. Useless.

    Does anyone know of a list or set of reviews which will help me to find a bank that’s more suited to letting me get hold of my own data?

    I’d like to use it on Wesabe, but I’m also after a bank that ‘gets it’ when it comes to the web. Any ideas?

    Thanks 🙂

  5. Sergio Coelho Says:

    I will add my bank when Wesabe starts to support CSV file upload. I don’t know why it’s taking so long to support the cleanest and worlwide CSV file format.

  6. Mary W. Oliveri Says:

    When I tried to add my bank I was unsuccessful. I must admit that I have limited computer skills, but …

    Thanks for this great website. I look forward to having greater access to it.

  7. nae Says:

    Count me in as another one that can’t start using Wesabe until CSV is supported.

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