Having your bank statement data appear seamlessly and automatically in Xero really helps keep on top of your business’s cash position.
This release is our largest involving bank feeds powered by Yodlee and covers more than 2000 banks and financial institutions. Included are some well known names such as American Express Cards, Citibank, Capital One, Chase Bank, PNC Bank and Wachovia.
Watch this video to see how to set up one of these bank feeds:
Look out for your inbox notification in Xero. Once you’ve received this you’ll be able to go into Xero and confirm if your bank is included in this rollout. Please select carefully your bank from the list provided. In some cases only personal/retail accounts are available from some listed banks. If you can’t activate a feed for a business type bank account let us know and we’ll work with Yodlee to extend their service to cover the most popular of any business accounts not yet available.
Our next release involving bank feeds powered by Yodlee will be for more credit card accounts in NZ and Australia and then support for banks which have multi-factor authentication for online banking access. We’ll keep you posted…