Q. Does it download credit card or bank account information from the Internet ?
Mallik's MoneyWise is about simplicity. To avoid the problems with online data exchange with websites and the standards, Mallik's MoneyWise does not interface with any online banks or financial institutions, for data exchange.
Q. Can i import transactions from the files i downloaded from online banks?
Yes. Micorsoft Money (OFX) and Quicken (QFX) files can be imported into Mallik's MoneyWise.