Your bank will typically have you give them a call to establish Direct Connect, since real-time transfers of money are involved. If your bank doesn't support Direct Connect, then you'll be automatically set up to use Express Web Connect/Quicken Connect. Ok, so how does it work?ĭepending on the services supported by your bank, Quicken chooses the best available method to update transactions and balances. Quicken will always start with Direct Connect if your bank supports it. With Direct Connect, Quicken can even talk back (for bill pay, money transfers, etc.). You don't have to sign in to your bank's website and manually download transactions - Quicken does this for you. With the Express Web Connect (EWC)/Quicken Connect and Direct Connect methods, Quicken communicates directly with your bank on your behalf. Web Connect is, simply put, a way you can download your transactions directly from your bank's website and import them into Quicken.
Express Web Connect ( Quicken Connect in Quicken for Mac).
There are three ways Quicken interacts with your bank: Quicken uses different connection methods to download from your bank. The method Quicken chooses depends on the services supported by your bank, your preferences, and Quicken's relationship with the bank.
