We are thrilled to announce that Clear Books is the first UK based online accounting system to support automatic bank feeds.

What this means for our customers is that doing your accounts on Clear Books will now save you even more time.

Before automatic bank feeds arrived you would need to log into your online bank account, download your bank statement as a CSV, log into your accounts and import the bank statement file into your accounts. If you do this a couple of times per month and have multiple bank accounts the amount of time wasted soon adds up.

Now simply log into Clear books and import your bank data directly at the click of a button.

Yodlee Partnership

How have we done this? We’ve entered into an agreement with US based Yodlee, a company leading the world in online banking solutions. Through this partnership we are able to support a large number of bank feeds including the following major UK banks:

  • RBS
  • Barclays
  • Natwest
  • Santander
  • Lloyds
  • Halifax
  • Bank of Scotland
  • FirstDirect
  • HSBC

Automatic Bank Feed Trial

Before we release this feature to all of our customers we are looking for a limited number to trial the automated bank feeds in a live environment with different banks. Please register your interest below by posting a comment. We will update this post later this week with more details.

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Posted by Tim Fouracre

Tim founded Clear Books in 2008. Like many small business owners he worked from home for 15 months to get his startup off the ground. Today Tim enjoys helping Clear Books, its customers and its growing team innovate and achieve. Tim did his GCE O Levels in Ghana.

10 Comments

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    I’d love a trial. We’re with Alliance & Leicester commercial, now part branded as Santander and as of last month we have new Santander account numbers so hopefully we can use this.

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    very pleased that barclays is supported. would be interested to test.

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    Would be delighted to try Barclays considering they don’t even have a CSV export facility at the moment!

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    Hi Guys,

    I would be very interested in trying it out. I have a number of clients who have been struggling with OFX download and repeated transactions too (Santander for example only lets you download a calendar month so if you download more than once a month you will have duplicates).

    Reply

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    Hello

    We bank with barclays and would also like to participate in the trial

    Many thanks

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    Great news – be more than happy to trial this – Lloydstsb Business account

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    Charles Stringer 10th August 2011 at 10:00 am

    I think this will be very useful for our busy clients and we would like to try it out for them first of all.

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    This would be a great time saving feature – would love to be involved in the beta trial.

    Tie this feature in with the email ‘remittance advice relating to the payment not the bill/invoice’ update (that has been discussed on the forums over the past year) and that would put Clearbooks head and shoulders above the vast majority of other online accounting systems.

    Reply

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    oops, forgot to say… we’re with Natwest.

    Reply

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    Yes please, it will save me lots of time
    Thanks

    Reply

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