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Moneydance login

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I've just read about Moneydance on here and it logging into your bank account online. Surely this contravenes the T&C of your bank account? Also which banks does it support out of the main UK ones?
Santander,HSBC,nationwide,virgin,lloyds,halifax etc?

I feel uneasy entering my login details into these apps atm, i think anyway. I'm undecided.

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