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Don't they need that info to perform the basic functions of the service? Or are you concerned about it being stored long-term?
by exolymph 8y ago
Don't they need that info to perform the basic functions of the service? Or are you concerned about it being stored long-term?
- arbuge 8y agoThe point is precisely that using a service which needs that info might not be such a good idea...
- callmeal 8y ago>Don't they need that info to perform the basic functions of the service? That is a limitation of the OFX version 1 protocol that is used by banks to exchange that data. OFX v2 does away with real account numbers in the api in exchange for account identifiers. The problem is that not all banks have switched to the new api, which was only finalized back in 2006, so give the big FIs a little time to get with the program.