Option to incorporate Pending transactions On/Off Toggle

[Robert_i]

Hi Team,
I routinely have a host of pending transactions which are always processed in a few days. This results in ‘projected / next monthly’ reported funds becoming meaningless due to these resultant lags… its RARE for pending amounts to be cancelled. Any chance to provide an ON / OFF toggle to include/ ignore for projected assessments??
Thanks, Robert

[paul_k]

Hi @Robert_i - I’m afraid pending transactions work very differently to booked ones, so we don’t currently use them in any of our features.

Some of the reasons for this can be found in the post below.

One bank is particularly problematic today - NatWest. With them, transactions they report to us as ‘pending’ to us are not shown like that in their own app. They are actually making some changes on this in the next few weeks which should see things going to confirmed much more quickly.

For all other banks, we don’t have any plans for any changes here I’m afraid.

Paul

Categorise pending transactions - feature request

Hi @gabor.biro - the reason we don’t support this today is that sadly pending transactions work differently across banks and there is no relationship between a pending transaction and a confirmed (aka ‘Booked’) transaction a few days later. Some card companies don’t give us pending transactions at all, some give us transactions that often change in amount, description and date. Most banks don’t provide any sort of reliable reference ID that links transaction records as they move from pending t…

[Robert_i]

Thanks Paul for your prompt reply. That’s a pity. I would have let the user decide… to include or exclude per linked account. Its a shame 1 bank (natwest) is blocking development in this area.

Robert

[paul_k]

Sorry @Robert_i - just to clarify it’s not just one bank… pending transactions are a problem for all banks because of how they work in Open Banking.

It’s just NatWest have a particular implementation which causes long delays where things appear to be pending when they shouldn’t be. This is the thing that is getting resolved in the next few weeks hopefully (by them).

Paul