Xero has made further inroads into the UK market, with the announcement of a bank feed to HSBC Bank.
The feed, which allows HSBC customers to have their online bank statements seamlessly imported into Xero, is the first Xero has arranged with a bank that has UK customers.
The move comes soon after Xero announced a deal with British Telecom, under which Xero’s hosted accounting software will be sold through BT’s applications service portal from July onwards.
Xero has bank feeds with most New Zealand and Australian banks.