I have just received a email from Xero that makes no logical sense. Reading between the lines it seems they are going to turm off the bank feeds on 12th September ( thats good new just after everyone has signed up with them for MTD) . Well done Xero and HMRC :). The email tells you what you need to do but falls short of actually telling you what to do. Am I correct in thinking to keep it going you have to send a manual form to your bank to exchange information, and what do you do after that.
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I saw that too. I leave clients to manage their own feeds, I babysit them enough already, this is one thing I can’t do for them. Xero says it will email our clients. All of mine contract directly with Xero anyway.
Nothing to do with "turning off" bank feeds. The way in which bank feeds operate is changing due to the changes to open banking rules.
Did you bother to click on the link in the email to the Open Banking guide for Xero partners? Does't look like it.
Xero tell you exactly what to do, provided that you read it of course
The issue is that some banks haven't actually got their Open Banking system set up yet.
There's a list of banks and what you need to do if anything here:
https://central.xero.com/s/article/Bank-feeds-affected-by-Open-Banking
Unfortunately the answer for a lot of them is "wait until the bank has their new feed ready" which could be after the old feeds stop working.
There is one slightly confusing item - when you go into the banks list in Xero where it tells you what action needs to be taken, it seems to include some feeds which are on the main page as 'no action required, existing feed continues'.
Im not sure if this is an error, or whether my (for example HSBC direct feed) which says I need to act before 5 September was set up on an old paper form and wouldn't show if it had been set up online.