- Apply for a bank feed to automatically import transactions from your bank or financial institution into your Xero organisation.
- There are three types of bank feeds: Direct, Yodlee and PayPal.
About bank feeds
Bank feeds automatically import transactions from your bank or financial institution directly into your Xero organisation, eliminating the need to import transactions manually.
Different options are available as per the technical capabilities and preference of the banks and financial institutions. You can set up a direct, Yodlee, or PayPal feed to connect your bank account to Xero.
Where we have an agreement with your bank or financial institution, direct feeds automatically send transactions into your Xero organisation on a regular basis. The banks only provide one direct feed per bank account, so the feed can only be connected to one bank account in Xero.
Once your direct feed is connected, statement lines will appear in your bank account in Xero ready for you to reconcile.
If you’ve got PayPal set up as a payment service in Xero, or you use PayPal as a payment provider for your online store, set up a PayPal direct feed to get your transactions sent into Xero automatically.
Transactions will appear in your bank account in Xero every 12 hours, or you can manually refresh your feed to import the latest transactions.
To see if a bank feed is available for your bank account, add it in Xero and search your bank name. If your bank or financial institution appears in the search results, bank feeds are available for this bank.
- To check if your account is eligible for a direct feed, see the relevant support article for your bank.
- If your account isn’t eligible for a direct feed, see if a Yodlee feed is available and connect this while you’re logged into Xero.
- If there aren’t any feeds available for your bank account, manually import your bank statements.