Connect US bank feeds in Xero for better bookkeeping

Bank feeds are a speedy, secure, accurate way to get transaction data into Xero without manual uploads or data entry. Connecting Xero with your bank account lets transactions flow securely into the software, ready for you to review and reconcile.

Bank feeds can give you time back by importing transactions for you. It’s one less task on your to-do list, and because transactions come directly from your bank, you can be sure they’re accurate.

Almost 3500 banks and financial institutions offer Xero bank feeds including these top US banks: American Express, Bank of America, Capital One, Citibank, JP Morgan Chase, PNC Bank, TD Bank, Truist Bank, US Bank, and Wells Fargo. One way to see if an automated bank feed exists for your bank, is to sign up for a 30-day free trial of Xero and select Accounting>Bank accounts>Add bank account. Another way is to look up the list of US banks that offer bank feeds.

Xero can extract data from PDFs from the following supported banks.

If your bank or financial institution doesn’t yet offer Xero bank feeds, don’t worry – it's quick and easy to regularly upload a file of your most recent bank transactions instead. Just export them from your online banking in OFX, QIF, QBO, QFX or CSV format or download a PDF, then upload the file into Xero – it should only take half a minute or so to upload the file.

Simply set up your bank account in Xero, then connect the Xero account to your bank to automatically import transactions. To set up an automated bank feed, your bank needs to be a participating institution and you must be registered for online banking.

Simply set up a direct feed from Stripe, Wise or PayPal to automatically import your most recent transactions into Xero.

Once your bank transactions are showing in Xero regularly, you can reconcile them each day, either at your desk or on the move with the Xero Accounting app, so you know where your business stands. Choose to categorize each transaction in Xero yourself, or just confirm what Xero suggests.

There’s no limit on the number of bank account connections you can have. Set up as many bank accounts in Xero as you need, and feed in the transactions from any number of banks or financial institutions. You can bring all your accounts together online in one place.

When setting up an automated bank feed in Xero, you’ll be given the option to pull historical transaction data from the past 90 days or up to 2 years, depending on the bank.

Yes, Xero’s reporting and analytics capabilities help you easily prepare and submit your returns so you never miss a deadline. Your numbers will be accurate and all stored in one secure place.

Yes – Xero partners with Gusto for a full-service payroll solution. Gusto saves you time on all aspects of your payroll – including calculating employee pay and deductions – thanks to its clever automations.

The best accounting software depends on your needs. Xero’s accounting software has flexible plans so you can adjust your subscriptions to access the features you need as your business grows.

No – Xero is based in the cloud, so all you need is an internet connection. But you need a multi-factor authentication (MFA) app to log in to Xero. MFA extra layer of security by checking that it’s really you when you log in.

Yes, the Xero App Store has hundreds of apps to help manage your business, including apps specifically designed for your industry and for doing business in the USA.