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Thanks for your continued feedback and patience on this long-standing request. Our team has started to build this out, and we’re looking forward to sharing more as development and testing progresses.
This release will support ingestion of bank statement data via the Bank Feeds API for accounts where a bank feed has not been established and allow customers to automate the current manual file upload process.
As part of this work, we’ll be running a beta with a small group first (from mid June) so we can test the experience and gather feedback before broader availability. We’ll continue to post updates here as we reach key milestones.
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The fact that Xero does not give me any ability to automatically import bank statement lines via the API absolutely blows my mind. Very strongly considering moving all of our businesses away from Xero.
Have you considered the dozens of banks in Indonesia, for example, that will never get around to supporting whatever bank feed API you have? Come on Xero, we spend thousands of dollars per year with you all.