Can I sync Magnetiq Bank to YNAB automatically?
Yes — when Magnetiq Bank is listed under Latvia in BudgetSyncer, you can authorize it through PSD2 open banking and map accounts to YNAB. Transactions import on a schedule without CSV exports.
Latvia
Sync Magnetiq Bank transactions to YNAB
Magnetiq Bank is available for automatic YNAB sync in Latvia through BudgetSyncer and GoCardless open banking. Authorize via your bank's PSD2 consent screen — no CSV exports, no passwords stored by BudgetSyncer.
Institution details
Live data from GoCardless Bank Account Data for Magnetiq Bank in Latvia.
- Institution ID
- LPB_LAPBLV2X
- BIC
- LAPBLV2X
- Transaction history
- 90 days
- Access consent valid for
- 180 days
- Countries
- Latvia
YNAB Direct Import
YNAB Direct Import (Plaid) only covers select banks in Latvia — many users still CSV-import from Magnetiq Bank. BudgetSyncer uses open banking where Magnetiq Bank is listed in GoCardless.
How to connect
- Create a free BudgetSyncer account and connect your YNAB plan with OAuth.
- Choose Latvia in the bank picker and select Magnetiq Bank from the institution list.
- Authorize via your bank's secure PSD2 flow and map accounts to YNAB.
- Subscribe to enable scheduled sync — transactions import several times per day.
FAQ
Does YNAB Direct Import support Magnetiq Bank?
YNAB Direct Import (Plaid) only covers select banks in Latvia — many users still CSV-import from Magnetiq Bank. BudgetSyncer uses open banking where Magnetiq Bank is listed in GoCardless.
How much transaction history does Magnetiq Bank provide?
GoCardless reports up to 90 days of transaction history for Magnetiq Bank. Initial sync imports available history; ongoing syncs add new transactions several times per day.
Is BudgetSyncer official YNAB?
No. BudgetSyncer is an independent product that uses the YNAB API with your permission. YNAB and You Need A Budget are trademarks of YNAB; BudgetSyncer is not affiliated with, endorsed by, or sponsored by YNAB.