What is a Xero Bank Feed or sync with Currencies Direct?

Written by Palak
Updated 1 month ago

Currencies Direct conducts real time pushes of your transaction data to your connected Xero account. This process is called sync, and all the synced transactions are known as bank feeds in Xero. Bank feeds encompass any transactions affecting the balance of your Currencies Direct account.

A separate bank account will be linked to each wallet currency you wish to sync with your Xero account. This is necessary as Xero only permits a single currency per bank account. If you have multiple settlement currencies in your Currencies Direct account, your Xero organization must be on a plan that supports multiple currencies, such as the Premium Plan.

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