In the coming weeks, existing Xero bank feeds with Barclays, and all bank feeds set up using Yodlee, will no longer be available due to industry-wide standards soon to take effect.
If you are connected to a Barclays bank feed, or a UK or EU feed set up using Yodlee, these will no longer be available under the new requirements. You’ll need to change to a new direct bank feed, where one is available so that transactions can continue to flow into Xero each day.
Change your bank feed
The new feeds will be available for most UK banks and account types by 14 September 2019. However, some banks will be making feeds available at a later date, so some customers won’t have a feed to connect to straight away.
In the interim, these businesses will need to manually import transactions into Xero or wait until a feed is available and backdate transactions. See which bank feeds will be impacted in the guide below.
New requirements for the banking industry come into effect on 14 September 2019. As a result of these changes, the connection between your bank and Xero may change.
While many of Xero’s bank feeds will be replaced by new direct feeds using Open Banking, some feeds will not change at all and some feeds will be made available at a later date.
If your bank isn’t ready yet, you’ll see a notification on your dashboard about when your feed will stop importing transactions. You’ll need to manually import bank statements until a feed becomes available. Alternatively, you can wait until a connection is available and backdate transactions.
Read more info in the guide below;