Xero now supports over 5000 bank feeds

In these uncertain economic times, it’s more important than ever to be in control of your business finances. Being able to monitor in real-time, the flow of cash coming in and out of your business, allows you to make smart decisions quickly and gives you a huge competitive advantage.

In today’s release we’ve added more than 1500 additional automated bank feeds so more of you can easily keep your finger on the pulse. This completes our business integration with Yodlee and means we now support more than 5000 automated bank feeds across the world. New banks include:

  • Suncorp Metway and Bendigo Bank – Australia
  • Barclays and Lloyds TSB Business – United Kingdom
  • Wells Fargo – United States

The latest bank feeds to be added are those that require more than your username and password to access them – often referred to as multi-factor authentication (MFA). For example, some banks ask for an additional security key or the answer to a personalized secret question or get you to enter the text displayed in a CAPTCHA image.

Authenticate bank feed

To see whether your bank is now supported, add a new bank account (or edit an existing one) and enter the name of your bank from the available list.

Bank details

And if your bank still isn’t supported let us know so we can monitor demand and work with Yodlee to have it added.

Release highlights

Here’s some of the other things we’ve been working on and which are now available.

  • US version of Xero
  • US Partner Edition
  • Report Packs (for NZ customers initially but will be added in other regions)
  • Partner Edition – managing staff access to organisations
  • New add-on for Highrise
  • And more…

For more detail about this release see our release notes.

We’ll be posting more details about the US version and Report Packs, so stay tuned.

 

122 Comments

Nick Flynn
September 9, 2012 at 11:37 pm

@Georg: I absolutely agree! there is a lot of potential in the singapore market
@Mat: thanks for letting us know about the beta support…hopefully there will be enough interest soon… fingers crossed!

Philip
February 2, 2013 at 1:17 am

Any updates on Santander in the UK? Feeds are not working for any of my clients

Paul
February 2, 2013 at 2:13 am

@Philip, FYI – we use Santander and whilst the feed does not update it is available via refresh but only the account holder can do this.

Kristine
February 2, 2013 at 3:04 pm

Do you, by any chance, have a list of these banks that you support? It would really help.

Matt Vickers
February 2, 2013 at 9:26 am

Hi @Philip – Yodlee are aware of a problem with Santander for some customers and are working on it. We highlight known problems here: http://blog.xero.com/bank-feed-status/

Hi @Kristina – we don’t have a published list at this point (we’re looking into this), but if you create a trial and add a bank account you can search for banks you are interested in.

Matt Vickers
March 3, 2013 at 1:26 pm

Hi @Joseph & @Fredrik, we’ll pass on your requests to Yodlee. They don’t support many banks in Europe (they’re more focussed on the North American market), nor do they do a lot of feeds for banks that are not english-language. However as we pursue internationalisation across the product it’ll make sense for us to encourage Yodlee to support feeds in markets like Sweden’s.

John
March 3, 2013 at 2:36 am

Hi all new this whole experience as a small business owner been setting up xero and been impressed however now im not able to integrate my lloyds tsb business bank feeds which defeats the whole object of using this software? Can someone PLEASE help???

Paul Williams
March 3, 2013 at 11:11 am

@John – If you email support@xero.com they will be able to assist / advise you on your issues with Lloyds TSB bank feeds.

James Hayes
May 5, 2013 at 11:26 pm

Hi, I have a client who uses Lloyds Cardet ( merchant services) is it possible to get a feed to this ?

Matt Vickers
May 5, 2013 at 1:15 pm

Hi @James – I looked into this, and it appears that Yodlee doesn’t support merchant accounts at this time. If we establish a direct relationship with Lloyds we’ll talk to them about merchant account support.

Mike Wright
May 5, 2013 at 9:59 pm

Why is the Barclays Business bank feed so slooooooow? Every day it takes 5 minutes or more to connect and do its stuff (if it doesn’t time-out before then!) I can connect to my online banking on the Barclays website in seconds, so why does the feed take so long?

Matt Vickers
May 5, 2013 at 8:54 pm

Hi @Mike – there are a few factors that can affect the speed of feeds: if its a busy time for the Barclays, if there’s a lot of transactions or accounts to process, etc. If you’re persistently having problems you should contact our customer care team.

Robert Manson
December 12, 2013 at 3:14 pm

Just wondering if you can get bank feeds through Commbiz for bank accounts (not credit cards)?

Ranson Heather
April 4, 2014 at 8:48 pm

We are greatly thankful for the way that Xero has helped our business with direct bank feeds from Westpac bank.

Alasdair Milroy
April 4, 2014 at 12:50 am

Hi

I would like to see the Guernsey based subsidiaries of the UK banks added to Yodlee. In some cases there RBSI and Barclays Wealth the retail banking platform has been added but not the institutional one.

Can we see RBSI eQ platform and Barclays ICeB platform added for direct feeds.

Neil
October 10, 2014 at 2:49 am

We use several Barclaycards that are set up under a corporate umbrella account. Has anyone successfully set up bank feeds for Barclaycards under this set up?

Nicole
February 2, 2015 at 9:20 am

Would love to see SF Fire Credit Union in San Francisco as a partner!

Peter Seed
March 3, 2015 at 2:47 am

Xero and Yodel are failing massively to fix a bank feed problem with UK Barclays which has been unresolved for over a week. It shows a shocking weakness and unreliability with the service.

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