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Hi team, we appreciate the growing interest this idea's gaining and want you to know our product teams are very attuned to our customers desire for a bank feed for CAF bank.
We're continuing to work closely with our third party integrators to make more bank feeds available via open banking. A feed for CAF is high on our agenda, however we're reliant on third party integrators to support this integration in order for us to deliver this for you all.
I want to assure you we're pushing for it's integration, but we cannot commit or confirm a timeline for this work to be undertaken.
As soon as there's progress to share we'll happily provide further updates for you all.
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Iain Watters
supported this idea
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An error occurred while saving the comment Iain Watters
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We have a number of charities who are holding off moving to Xero because it does not link with CAF.
I am not sure why Xero have not responded to this thread directly, but this the response I had from Xero support, which I think explains why there are no bank feeds and unfortunately why it is likely that there will never be a bank feed with CAF.
Regarding CAF Bank, Xero doesn't currently have a bank feed available for them. In the UK, Xero supports direct API connections provided via Open Banking. CAF Bank offers connection through Modified Customer Interface (MCI), which is less secure and convenient than a direct API connection. The Financial Conduct Authority has proposed the mandatory use of API connections for banks and is planning to phase out MCI in the future. Xero doesn't have any plans to connect to banks that use MCI, as our preference is to use a direct API connection as it provides additional security.