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This is an essential measure in preventing fraud.

Essential to protect bank accounts and maintain financial security.

Yes, I agree with the proposed email setting. It will enhance internal control and help prevent fraudulent activities.

Requesting the ability to have more than one user receive notifications when a bank account number is changed. With the increased risk due to scammers and risk of staff members on leave at the time the notification is sent.

It's a requirement for internal control. It would be good to have a nominated xero user who could not only get a notification but also approve the change/update to the bank account number

It helps with internal control and especially protecting bank accounts.

I agree with the below, this is a critical area to help prevent fraudulent activity from within Xero. Every time a Supplier bank account is changed, two nominated people need to get an email to alert the company to this change. It is currently far too easy to change bank account numbers, make a payment and then change them back. Please add this function with urgency. Thanks

Coming up to 10 years this idea was shared. Definitely a need within a business to support internal controls.

This point has been round for at least two years and still no action. However it is a critical internal control for any business that has a non-owner admin (and even in some those cases).

Notification of bank account changes sent via email to 2 nominated managers form part of a crucial security feature. A must have if Xero wants to remain competitive to other accounting software.

Would benefit from being notified of supplier bank accounts being changed by another Xero login - currently only the user who is making the change gets the email alert. It would be great if other users could opt-in to be notified of changes made by another user.

The History and notes report is a complete waste of time. Doesn't show any level of detail that would highlight a potential issue. The Assurance dashboard doesn't have any ability to filter or sort so you are constantly looking at everything that has ever been changed, again pretty useless. This has to be a priority - surely there is a way to run a report that shows all changes made to a contact within a period of time, particularly bank account numbers.

Our firm believes it is a critical internal control for both our business and all of our clients who use Xero that more than one person is notified if bank account details are changed. It would be a great initiative for Xero to add this capability.

Very very important please

I've been chasing for some years. Maybe if Xero used their own product to run one of their own businesses it would be higher up the priority list!

I definitely agree with Miléna Hubert, this is critical. The notification should be instantaneous not something you have to search for in a report somewhere.

As a CFO, I can't understand why this is not a Critical fix to do. Segregation of duties is one of the key pillars of healthy finance teams and we take this very seriously.

This is extremely disappointing that the product team are not planning for an update that is very much in demand. Security of payments should be a priorty for any accounting system.

I agree, this is really dissapointing, and seems an easy fix. The person making the change does get an email notification, so not sure why it would be difficult to extend that to advisors also. We get asked about this at each of our audits.
MYOB has this feature, and we may need to switch back to using them, at least they take security seriously.

https://www.myob.com/au/support/myob-business/product-account/ways-you-can-protect-your-accountright-company-file/accountright-settings-have-been-changed-email-notification

I appreciate the update but agree with others that this is a critical feature. It is separation of duties 101. Sadly, Xero is not the company it once was.