Add, edit or delete a bank or credit card account
Set up, make changes to, and delete or archive bank accounts and credit card accounts in Xero.
Your user role will determine if you have access to add or edit bank accounts.
Bank transactions role comparison
On this page:
- Where in Xero you can add a bank account
- Add a bank account or credit card account
- Find out if bank feeds are available when selecting your bank name
- Enter account details
- Save or cancel
- Edit a bank or credit card account
- Delete or archive bank accounts from the Chart of Accounts
Elsewhere in Xero Help Centre:
- Add a PayPal account in Xero and set up an automatic feed
- Set up a bank feed to automatically import bank statements into Xero
- Import a bank statement
Add a bank account from any tab on the Chart of Accounts screen during set up:
From Settings > Chart of Accounts:
From Accounts > Bank Accounts:
If you don’t have any bank accounts set up yet, you can add an account via the Add Bank Account button on the Dashboard:
Bank accounts can also be added to Xero if you import a Chart of Accounts containing bank accounts.
For more on using foreign currency accounts in Xero see our multi-currency banking help.
Use the arrow on the Add Bank Account button to select the type of account from the drop-down list:
The Your Bank field is compulsory. Start typing the name of your bank account or credit card account, or part of it, to bring up a list of all banks that contain the characters you've entered. If your bank's name appears on the list, ensure that it matches your full bank account or credit card name, and if applicable, states the correct region for your bank account. It also should be the correct account type (e.g. business bank account).
If you can't find the account you are looking for, ensure you selected the correct type of account (bank or credit card), as each has a different list available (e.g. credit card accounts will only be available in the Add Credit Card window). If the name of your bank or account does not appear on the list, you can still type the name in and continue to set up the account.
You can set up a different account type as a bank account, such as a stock agent's account. A bank feed will not be available but you can import transactions or enter them manually.
If you select an account from the list, it is important to select the correct exact name as it will allow us to notify you if bank feeds are available for that account, through Xero's partner bank feeds or through Yodlee, now or in the future.
Many accounts have regions indicated in their names, so be sure to pick the right region for your bank account, if applicable. One way to narrow the list if you have a lot to choose from is to try the initials of your country or state (e.g. 'NZ') (e.g. 'UK') (e.g. 'AU').
Find out if bank feeds are available
You will get 1 of 3 messages once you've entered your bank name:
Note: If you have activated a Yodlee feed, you will not be able to edit your bank name until you deactivate the feed.
Enter the name you want to use to identify this account in Xero.
Code (Chart of Accounts only)
If you add or edit a bank account via the Chart of Accounts screen, you will also have an optional Code field. Read more about the Code field on the Chart of Accounts help page.
Enter the actual account number of the operating account you have. If you are going to import bank statements into this account manually or have a bank feed through a partner bank, this is used in matching the Xero account with your bank account correctly during the reconciliation process.
Use this field to enter your direct entry user ID if you are making batch payments and your bank requires it.
Credit Card Number
If you are setting up a credit card account just enter the last four digits of the card into this field. For security reasons Xero does not store your full credit card number. The number you enter will be displayed on the dashboard as xxxx-xxxx-xxxx-1234 (e.g. if the last four digits of your credit card are 1234).
Create or update the account using the details entered.
Exit this screen without saving any of the changes entered.
If you edit an existing bank account, the changes will display throughout Xero wherever this bank account is listed or displayed, including the Chart of Accounts and financial reports.
Edit the account at any time from the Dashboard or in Accounts > Bank Accounts using the Manage Account menu for that account and selecting 'Edit Account Details'.
Edit a bank account in the Chart of Accounts by clicking on the bank account name.
If you have been using Xero a while and already have transactions entered against a bank account, any changes to the account will be applied to those transactions.
See the help above for information on each of the fields in the Edit Bank Account Details screen, under Add an account.
Points to note about editing bank accounts:
You may have a 'Get Bank Feeds' button against a bank account we couldn't identify:
If this is the case, when you select Get Bank Feeds you can update your bank name to see whether bank feeds are available to you.
Delete or archive bank accounts from the Chart of Accounts
Bank accounts need to be deleted or archived from the Chart of Accounts because of journals that may exist for the account. Once you've created payments or transactions in the bank account you won't be able to delete it: you will need to archive it instead.
If you make a mistake adding bank accounts to the Chart of Accounts during set up, you can delete them.