This is a must have for businesses which make a large number of FX transactions between their accounts. I imagine the lack of support for multi-currency bank transfers in the Xero API is the reason why neither the Revolut nor the TransferWise integrations with Xero offer the ability to automatically create the bank transfer between the two accounts with the correct exchange rate. Instead, the user must manually enter the buy/sell amount when reconciling the transaction from the account statement of the sell/buy currency.
This is a must have for businesses which make a large number of FX transactions between their accounts. I imagine the lack of support for multi-currency bank transfers in the Xero API is the reason why neither the Revolut nor the TransferWise integrations with Xero offer the ability to automatically create the bank transfer between the two accounts with the correct exchange rate. Instead, the user must manually enter the buy/sell amount when reconciling the transaction from the account statement of the sell/buy currency.