I am moving bank account from barclays to Lloyds due to charges being high with Barclays (I was on a free 18 month contract until this month).
Should I maintain the same account and just change the feed settings or should I keep the other account in quickfile, create a new account and display the money transfer to the new account?
You should keep the Barclays Bank Account and create a new bank account in Quick File for Lloyds, the virtual bank accounts in Quick File should always mirror the physical accounts.
Just to let you know, we do not have a fully automated bank feed for Lloyds as we do for Barclays: