We’re very pleased to announce that Xero has established agreements with four more large Australian banks. These direct bank feeds will be introduced to Xero business customers over the next month, just in time for Xerocon Australia.
Bankwest is a market leader in Western Australia with over a million retail customers. It will be offering direct feeds from bank accounts and credit card accounts into Xero from August 20th. We’re excited about the introduction of this feed for our customers in Western Australia.
As of August 20th, other Australian banks to offer direct feeds were:
This greatly increases our coverage of bank accounts in New South Wales, South Australia, Victoria and Queensland.
The introduction of these feeds has been made possible by the support of our customers who lobbied for these banks to supply data to Xero. The banks themselves recognised a real customer need, and actively worked to put in place a process for delivering this data to their customers through Xero.
From today, if you are a customer of Bankwest, St George, Bank of Melbourne or BankSA you will be able to apply to have these feeds delivered to your Xero business directly from the bank.
These direct bank feeds will replace any Yodlee feeds that you may have been using up to now. If you’re using one of these feeds, you will receive an email over the next couple of days. The email will have instructions on how to transition to the new feeds. The new feeds will start on the 20th of August.
UPDATE: St George, Bank of Melbourne and BankSA feeds will now start on September the 4th.