which banks have live bank feeds with Xero?

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. Once you’ve connected a bank feed, statement lines appear in your bank account in Xero ready for you to reconcile each day.

Direct feeds

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.

THE CURRENT LIST IN 2022 of UAE BANKS THAT HAVE A LIVE FEED WITH XERO

• Adam & Company direct feeds

• Airwallex direct feeds

• Anna Money direct feeds

• WorldFirst direct feeds

• Silicon Valley Bank (SVB) UK direct feeds

• Payhawk direct feeds

• Payoneer direct feeds

• Barclays direct feeds

• Revolut direct feeds

• CurrencyFair direct feeds

• Bank feeds available in Xero

• Jeeves direct feeds

• Capital on Tap direct feeds

• Royal Bank of Scotland direct feeds

• Royal Bank of Scotland International direct feeds

• Cledara direct feeds

• HSBC Kinetic direct feeds

• Monzo direct feeds

• Telleroo direct feeds

• Mettle direct feeds

• Starling Bank direct feeds

• NatWest Rapid Cash direct feed

• Metro Bank direct feeds

• Pleo direct feeds

• Coutts direct feeds

• CreDec direct feeds

• Santander direct feeds

• NatWest direct feeds

• Expend direct feeds

• Soldo direct feeds

• American Express (UK) direct feeds

• Cumberland Building Society direct feeds

• Juni direct feeds

• The Co-operative Bank UK direct feeds

• OFX direct feeds

• Wise direct feeds

• Tide (UK) direct feeds

• Uncapped direct feeds

• Hydr direct feeds

• HSBC UK direct feeds

• Ulster direct feeds

How cloud accounting works

Users subscribe to an online accounting software solution and move their books to the cloud. From then on, they can access their accounts from any web browser, or from an app on their phone. Most users connect the software to their business bank account, so that banking transactions flow automatically from the bank to the books. This saves them from a lot of data entry.

Benefits of cloud accounting software

Running your business accounts online has many advantages.

• Data about your sales or income and purchases can flow straight from your bank to your books so you don’t spend hours transcribing them

• You can see your current financial position at any time

• Multi-user access makes it easy to collaborate online with your team and advisors

• It’s online software so there’s nothing to install or update, and all your data is backed up automatically.

• You can set up a dashboard showing important financial information like who owes you money, what bills are due, and how your cash flow is looking.

Why Choose Zyla Accountants?

Zyla Accountants offer a hands-on, jargon-free and refreshingly flexible approach to accounting. Our experienced accountants deliver clear-cut support to start-ups, SMEs and social enterprises to help you focus on what you do best. We’re also experts in Xero, so can support you with all your accounting and bookkeeping requirements, including training.