We now have a beta TransferWise Open Banking feed. We’ve been testing this on our own account, but we’d like to get some other users involved.
We can selectively enable the TransferWise feed option, please just message me or @QFMathew with your QuickFile account number and we’ll get that activated on your account.
TransferWise should be widely available now, however please feel free to send a private message to @QFSupport with your account number and we can double check that you can access
The feed is working for me, but I only get a single transaction for a transfer/conversion e.g. “Moved To your GBP balance USD 3000”, but what I actually need is separate fee split and transfer (fee of USD 12.84 + 2987.16 actually converted) so I can tag charges to supplier transferwise.
Looking at the Transferwise openbanking API there are 2 options Embedded (default) /Fee Split (recommended for account software providers) [https://api-docs.transferwise.com/#open-banking-aisp-interfaces]. It seems QF are using the former. Is there some way to get the fee split into QF by configuring the feed in QF, or can the option used in the API be updated?
The Transferwise Open Banking implementation is actually quite different to that of any other bank, due to the way currency charges are handled. It’s likely these option were added after we built the initial feed for TW.
If you can message @QFSupport with the specific transaction details we can definitely look into this for you. I can’t promise changes will be imminent, but it’s something we’ll explore further.
This is live now, so if you have a Bank Feed Subscription then you should be able to set up the feed, there is no need to be added to the Beta test anymore.
In the Bank Management screen, each of the General Bank Accounts have an option to select Bank Feed settings (under Options).The Merchant Accounts do not have this option.
I guess I can set up new accounts for all my existing TW accounts, but it might be nicer to just convert them to General Bank Accounts. Is this possible?
Ok, I found out how to do this - I can not set up the feed but from Bank Management screen, but I can change it from the Statement screen, under Options.