Setting up Bank Feeds in Xero
If you have not yet added your bank account to Xero start at step 1. If your bank account is already set up and you wish to start using bank feeds start at step 3a.
1- In the Accounting menu, select Bank accounts.
2- Click Add Bank Account.
3- Select from popular banks, or start typing your bank’s name, then select from the list: If the name of your bank doesn't appear in the list, click the link in the message that appears. This means there are no feeds available for this bank, so you'll need to manually import bank statements into the account.
3a- Navigate to the bank accounts screen as in step 1
3b- Press the three dots on the right of the bank account
3c- Press get bank feeds. If this option is not visible, bank feeds are not available for the account.
3d- If bank feeds are not available, you will have to manually upload (see link above in step 3).
4- You’ll be taken to your bank to log in, enter your online banking credentials and any multi-factor authentication required.
5- Select the accounts you want to share with Xero and complete the sharing steps before you are redirected back to Xero.
6- Check that the right bank accounts have been selected. Choose a different bank account if necessary, or add a new account.
7- Confirm the date you’d like your transactions to start from. You can import up to 12 months worth of transactions. For bank accounts already in Xero, if you are re authenticating the bank feed after 90 days this will default to the last transactions imported into the account and there is no need to change it.
8- Click Finish.
Due to EU Laws you will need to re-authenticate the bank feed every 90 days Xero will notify you when this is due. To do this follow the steps above from 3a but rather than selecting get bank feeds select re-authenticate bank feeds.