Xero direct bank feeds
Xero have recently emailed all customers who bank with RBS or NatWest to inform them that Direct bank feeds are now available. Currently they use a third party in the US, a company called Yodlee, to provide the bank import into Xero, if they have set bank feeds up from within Xero.
Although the current service is free it doesn't always work perfectly.
The new Direct bank feeds are a very solid way of getting the bank transactions into Xero but have a cost of £3.50 per month. Though, if customers are already using the Yodlee feed there will be no additional charge for 12 months even if they swop over immediately.
We recommend that RBS and NatWest Xero customers take advantage of the new Direct feed. If you wish to do so, please complete the relevant form found in our resource section and send it back to us.
For more information please see Xero's latest blog or if you would like to discuss this in more detail please contact Chloe Waight or Frances Folliard.