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What are the benefits of bank feeds?

A bank feed, also known as a data feed, links your business transaction accounts with your business accounting software, and can help:

 

  • Saves time on manual data entry – and helps to avoid mistakes
  • Provides better visibility and control of your finances
  • Makes it easier to get ready for tax time
  • Can be connected or disconnected online, without the need to visit a branch.

What accounting software packages can I connect to?

Your business accounts can be linked to any of these products:

  • MYOB
  • Xero
  • QuickBooks Online
  • BGL Corporate Solutions
  • CAPIFY
  • CLASS
  • Desktop Super
  • Eagle Shared Services
  • RECKON
  • SAASU
  • Sage
  • SISS Data Services
  • SuperConcepts

 

 

How do I set up my bank feeds in Online Banking?

Bank feeds can be set up by signing into Online Banking from a desktop (not a mobile). Watch our 2-minute guide to see how easy it is.

Sign in to set up your bank feeds

How to set up (or disconnect) bank feeds guide

 

Once your bank feeds have been activated, the transaction data from the accounts you have connected will be sent to your accounting software provider daily.

What else do I need to know about bank feeds?

Yes. You can link multiple accounts at once. Learn how to connect or disconnect bank feeds.

Please allow up to one business day for the link to your software to be activated.

You may need to ask your provider if they are registered with Westpac.

Once a bank feed has been connected, any changes to a User’s access will not impact the connection. However, you may choose to disconnect your feeds if a User’s access or network access levels have changed. Learn more in our how to connect or disconnect bank feeds guide.

Most Westpac business transaction and savings accounts can be linked to bank feeds through Online Banking. Accounts with multiple authorisations for transactions, credit cards and loan accounts are not able to be linked.

 

If you wish to import transactions to your accounting software for credit cards or loans, you can export a list of your transactions by following our how to export a detailed transaction history guide.

Things you should know

Read the Westpac Online Banking Terms and Conditions (PDF 305KB) before making a decision.

Not all accounts are eligible to be connected via a bank feed. These can include loan accounts and accounts requiring multiple authorisations for transactions.