Adding a new bank account to your Xero file is quite straight-forward. Make your way through the steps below, and if you have any questions, we're here to help.
- In the Accounting menu, select Bank accounts.
- Click Add Bank Account.
- Start typing your bank's name:
- If you can select the bank name from the list, feeds are available for your bank. If you're connecting a direct feed, check the name to use for your particular bank.
- If the name of your bank doesn't appear in the list, click Add it anyway. This means there are no feeds available for this bank, so you'll need to manually import bank statements into the account.
In Account Name, enter a name for the account to identify it in Xero. This name is used in reports and displays on the dashboard.
Each bank or credit card account name must be unique. If you have different accounts with the same name, change the name to make it different, such as adding a number or letter to it.
If prompted, select the account type. If your account type isn't shown, select Other. Bank feeds aren't available for these account types.
In Account Number, enter up to 20 digits.
(Optional) Select the currency for the account. If you need to, add a foreign currency to your organisation so you can select it for the account. You can't change the currency of a bank account once it's set up.
(Optional) If your bank has direct feeds available and you have multiple accounts to add for this bank, click Add another [bank name] account.
Click Save or Continue.
For more information from Xero on how to add bank accounts please follow this link.