Jason,

There are costs to these things. Primarily in the security,
development, validation, and support areas. For a corporation like a
national bank the costs of this service will be measured in the
several hundreds of thousands, if not millions.

I do agree with you that a bank should consider this a cost of doing
business these days, but then there is that word "business". We are
all in business to make money.

Jaysen

On Dec 18, 7:39 am, Jason <[email protected]> wrote:
> Looks like you're right. Bummer.
>
> This capability costs the bank nothing but they need to charge a fee
> because they can.
>
> On Dec 16, 5:42 pm, mikemc <[email protected]> wrote:
>
> > Hey Jay,
>
> > Based on others who had a similar problem in this user group, I would
> > check with Chase to see if you need to pay first in order to perform
> > Direct Downloads.  Many FI's charge for that service per month.  I
> > know Bank of America charges like $5 for this feature (unless you are
> > an Advantage Checking member) and the FI has to actually activate the
> > ability for Direct Download.  I think I remember someone saying it can
> > take up to 48 hours before it takes effect.  Do a serch in this group
> > for Direct Downloading or start with Chase 1st and see if this is the
> > case.
>
> > Hope this helps,
> > Mike
>
> > On Dec 16, 6:22 pm, Jason <[email protected]> wrote:
>
> > > I'm trying to download information for the first time. I have a Chase
> > > account and I keep getting the following error:
>
> > > [2000] ERROR The user cannot signon because of invalid user ID or
> > > password, or host is unavailable.
>
> > > I'm using the correct login information.
>
> > > Any ideas? Has anyone else successfully completed this setup for a
> > > Chase account?
>
> > > Thanks,
> > > Jay
--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google Groups "No 
Thirst Software User Forum" group.
To post to this group, send email to [email protected]
To unsubscribe from this group, send email to 
[email protected]
For more options, visit this group at 
http://groups.google.com/group/no-thirst-software?hl=en
-~----------~----~----~----~------~----~------~--~---

Reply via email to