Brought to you by

1000+ more bank feeds

Posted 6 years ago in Xero news by Alastair Grigg
Posted by Alastair Grigg

Today we’ve released automated bank feeds for another 1,000 more banks across the globe. We’ve spent the last few months adding support for this next wave of banks and in doing so have taken a step closer to supporting banks that use multi-factor authentication (MFA) for internet banking.

We now have bank feeds for some of the most popular banks in the USA including Bank of America, HSBC and Wachovia, and in the UK, Citibank and Smile, along with many other banks. Some of these banks require security questions as part of the sign-in process and this latest release enables feeds with many of the banks that use this method of authentication.

For those of you waiting for banks that use full MFA (e.g. security tokens, security images and more complex security questions) we are looking to launch support for these in July. This should include Barclays and Lloyds TSB Business in the UK, Wells Fargo in the US and TD Bank in Canada. These are just a few of the banks in what will be more than 1,500 new MFA feeds, so there’s a very good chance that your bank will be available soon.

The best test of whether you’re able to receive feeds is to sign into your Xero account and give it a go. If you sign into Xero and you now have a green ‘Get Bank Feeds’ button next to your bank account, you’re on your way.

Xero still allows you to upload bank statements manually so you can still get started in the lead up to automated feeds being activated.

77 comments

Sean ORourke
January 29, 2013 at 12.15 pm

Just wondering if we are any closer to having Irish bank feeds for AIB Business customers? Live feeds for Ulster Bank have been available for a few months now, would be good to see more progress on this…outside of NZ, Aus, USA, & UK Ireland must rank pretty high in terms of Xero users but with only 1 bank having life feeds in this country I feel we deserve better. Thanks.

Sheena
April 19, 2013 at 6.31 am

I’m also interested to see if there has been any update on whether Xero is compatible with Bank of Ireland business banking? I’m very frustrated by their crazy system so want to do all my banking through Xero. Can you advise on whether this is possible?
Thanks.

Alastair Grigg in reply to Sheena
April 22, 2013 at 7.44 am

Hi Sheena,
Unfortunately feeds for Bank of Ireland (Ireland) Business accounts still can’t be enabled because the BOI Business site uses a form of dialogue box as part of their user account login that Yodlee, the data aggregation service that we use for enabling most of our automated bank feeds in the UK, isn’t able to support.

Peter
August 18, 2013 at 6.59 pm

I am having trouble with connection to my Royal Bank of Canada account – is this bank enabled & are others having an problems with connection?

Alastair Grigg in reply to Peter
August 19, 2013 at 9.46 am

Hi Peter,
No known issues at the moment with the Royal Bank of Canada bank feeds, but if you can raise a support ticket to support@xero.com with details of the account type(s) you are trying to connect we can investigate further. Thanks.

Lisa Saad
September 24, 2013 at 8.10 pm

What does secure code for Citibank direct bank feed mean? and if I need it to whom do I get it from. Citibank have no idea. Just spent the last hour on the phone with them asking…

Michael
April 3, 2014 at 10.07 am

Any updates on bank feeds and availability in the UAE… Would be great to be up and running over here in the Middle East.

Therese
October 3, 2014 at 5.39 pm

What does secure code for Citibank direct bank feed mean? and if I need it to whom do I get it from.

Leave a reply

Your email address will not be published. Required fields are marked *