Money: How to Setup Online Services with an OFC Bank
  
PSS ID Number: Q174991
Article last modified on 06-29-1999
 
WINDOWS:98,99
 
WINDOWS
 

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The information in this article applies to:
 
 - Microsoft Money 99 
 - Microsoft Money 98 
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SUMMARY
=======
 
This article provides instructions on how to set up bank accounts and enable
them for Home Banking in Microsoft Money.
 
MORE INFORMATION
================
 
These instructions assume you have Money installed on your computer. Before you
start, you should have your bank account numbers available.
 
Setting Up Online Services
--------------------------
 
To set up the accounts, follow these steps:
 
1. On the Money Home page, click Accounts on the navigation bar.
 
2. Click New Account to start the New Account Wizard.
 
3. Type the bank name and click Next.
 
4. Click to select the type of account you want to set up and click Next.
   Continue through the wizard.
 
5. When you get to the screen asking for your account number enter it in the
   following format and click Next.
 
     Savings account      Checking account      Credit card account
       XXXXXX-xx           XXXXXX-xx               XXXXXX-xx
 
   XXXXXX is the account number and -xx is the suffix used to identify the type
   of account. You must enter the complete account number and suffix. Suffixes
   are generally used by credit unions to differentiate accounts.
 
   When setting up just a credit card account for example, American Express,
   Discover, Novus and such, enter the entire credit card number without dashes
   for the account number.
 
6. Continue through the wizard.
 
7. If you have other accounts that you would like to set up, click "I have other
   accounts at this institution" and click Next. Repeat steps 4 to 7 with the
   information for each of the accounts.
 
8. If you do not have more accounts, click "I have no other accounts at this
   institution," click Next and then click Finish.
 
9. Click to select your newly created account in Account Manager, and click Go
   To Bank.
 
10. Click Investigate Offerings to start the Online Services Setup Wizard.
 
11. If you are going to use a Setup file provided by your financial institution
   click to select it, otherwise click Next.
 
   NOTE: If you are using a Setup file click to select it and click Next, then
   follow the wizard.
 
12. Enter the name of your financial institution and click Next.
 
13. Money searches the Branding Directory Server for information on your bank
   and displays the results. Click to select the correct bank from the list and
   click Next. If your bank is not on the list, or if you are not sure click,
   "One of the financial institutions in the list may be mine but I am not sure
   which to select" and click Next.
 
14. Enter your Financial Institution Identification number if asked, and click
   Next. Money will try again to find your financial institution on the
   Branding Directory Server. Click to select the correct bank from the list
   and click Next. If your bank is not found, follow the Setup Wizard to see
   what options are available
 
At the conclusion of Step 2, Investigate Offerings, Money activates steps 3- 5 in
the Getting Started Area. If Money determines that you have two different
providers for statements and bill payment, Money displays two sets of remaining
steps. This would most commonly occur if your financial institution provides
statements but not bill payment. In this case, Money also includes the choice of
stand-alone bill payment services as well as the financial institution's Online
Statements.
 
Setting Up Online Statements
----------------------------
 
These instructions assume:
 
 - You have Money installed
 
 - You have set up your checking account for Online Statement
 
 - You have completed Step 2 above (Investigate Offerings)
 
Before you start, you should have your account numbers available.
 
1. Click Accounts on the Navigation bar.
 
2. Click to select the Checking account you want to setup for Online Statement.
   Click Go To Bank.
 
3. Click to select step 3, Review Service Details, under the branch for your
   financial institution. Click Finish when completed.
 
4. Click to select step 4, Read Signup Info, under the branch for your financial
   institution. Click Finish when completed.
 
5. Click to select step 5, Set Up Online Statements, under the branch for your
   financial institution. This will start the Online Statements Setup Wizard.
 
6. Step through the wizard filling out the appropriate information to set up all
   the Online Accounts that you have with this institution. You will need the
   enrollment information provided by your financial institution.
 
7. Click Finish when you have finished setting up all accounts with this
   financial institution.
 
Setting Up Online Bill Payment
------------------------------
 
These instructions assume:
 
 - You have Money installed on your computer
 
 - You have setup the checking account used for Online Bill Payment
 
 - You have completed Step 2, Investigate Offerings.
 
Before you start, you should have your account numbers available.
 
1. Click Accounts on the Navigation bar.
 
2. Click the Checking account you want to set up for Online Bill Payment. Click
   Go To Bank.
 
3. Click to select step 3, Review Service Details, under the branch for Bill
   Payment Provider.
 
4. Step through the wizard filling out the appropriate information. Click Finish
   when completed.
 
5. Click to select step 4, Read Signup Info, under the branch for Bill Payment
   Provider. Click Finish when completed.
 
6. Click to select step 5, Setup Online Billpay, under the branch for your
   financial institution. This will start the Online Billpay Setup Wizard.
 
7. Step through the wizard filling out the appropriate information to set up all
   the necessary accounts. You will need the enrollment information provided by
   your financial institution.
 
8. Click Finish when you have finished setting up all accounts with this
   financial institution.
 
NOTE: The Bill Payment Provider branch will become enabled, when setting up just
a credit card account (American Express, Discover, Novus and such) however
Online Bill Payment does not work with credit card accounts at this time.
 
Connecting To Your Financial Institution After Setup
----------------------------------------------------
 
1. On the Navigation bar, click Online Finances (in Money 99) or Online Banking
   (in Money 98).
 
2. Click the Connect tab and click Connect.
 
3. Enter your password and click Connect.
 
For additional information on how to setup OFC banks in Money 5.0, please see the
following article in the Microsoft Knowledge Base:
 
   Q153063 Money 5.0: How to Setup Online Account with an OFC Bank
 
Additional query words: w_money 6.0 7.0 hat ofc setup signup howto online Amex
 
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Keywords          : kbdta kbonline 
Version           : WINDOWS:98,99
Platform          : WINDOWS
Issue type        : kbhowto
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Copyright Microsoft Corporation 1999.