Link bank accounts with MoneyLover

In this article, the sections comprise:

1. Definition
2. Usage
   a. How to link wallet to bank account
   b. How to use linked wallet
   c. How to purchase 
   d. Frequently Asked Questions

1. Definition

Linked Wallet is a feature that allows users to automatically sync their transaction history from their bank accounts with their MoneyLover account, providing a seamless way to track spending and manage finances.

2.  Usage

a. How to link wallet to bank account

To create a linked wallet, follow these steps:

• Step 1: Go to the Account tab and select Connect to banks.

• Step 2: Review the list of supported banks in the app, then choose the bank you want to link (you can enter the bank's name in the search bar to find it more easily).

• Step 3: Follow the instructions displayed on the Link to services screen, read the terms, then select the Accept/Continue button if you agree to the End User License Agreement.
• Step 4: Enter your account information and password to link and create a wallet. In case you don't know or remember your username/password, you can contact the bank again or try logging into the bank's website first.

• Step 5: On the Link to services screen, select the account you want to link. Then, press the Save button on the Add wallet screen and wait for the transaction to be processed. (On the Add wallet screen, you can rename the wallet if you wish by tapping on the wallet name field).

• Step 6: After linking the bank, return to the Transactions tab and wait for 2-3 minutes for the transactions to update. If you don't see the transactions updated, please tap the Update transactions button.

b. How to use linked wallet

• The linked wallet allows you to synchronize data with your bank account, helping you manage your finances easily.
• To update the latest transactions, you need to go to Transactions tab, select the linked wallet you want to update, and then press the Update Transactions button. This will pull data from the bank's website, ensuring that your transactions are recorded completely and accurately. Remember to perform this action regularly to manage your expenses and income effectively!

• You should categorize them by selecting the appropriate categories. Categorizing transactions helps you track your spending more easily and identify personal financial trends. You can create categories such as: Entertainment, Food & Beverage, or Savings. By assigning transactions to these categories, you'll gain a clearer view of how you spend money, allowing you to make smarter financial decisions.
  👉 Get more information about the category.
   
• If you change your bank password or if your password expires, after updating the new password, you just need to return to the app, go to the Transactions tab, select the three-dot menu at the top, and tap the Update account button.

c. How to purchase

You can easily purchase and use the Linked Wallet package by going to Account tab, selecting Store, or purchasing directly from the Connect to Banks screen.

👉 See more information in this article: How to purchase Linked Wallet subscription

d. Frequently asked questions

If you still have questions about using the linked wallet, please explore the Linked Wallet FAQ to find helpful and quick answers to your inquiries.