6 Bank Feed Software Every Accountant Should Know in 2025

Bank feeds have quietly become the backbone of modern accounting.
They eliminate the need for manual CSV uploads, reduce reconciliation errors, and keep financial data continuously up to date.

For accountants and finance teams, this means no more chasing missing transactions or waiting for clients to share statements. Every account syncs automatically, giving a real-time view of balances and activity.

With Open Banking now powering most UK bank connections, accountants can access live, verified data directly from client accounts securely and instantly.
But not all bank feed systems are built the same. Some offer daily refreshes; others provide unrestricted, real-time visibility with deep integration options.

In this guide, we’ll explore the best bank feed software for accountants and finance teams in 2025, including tools designed for multi-client management, compliance, and automation-ready workflows.

What to Look for in Bank Feed Software

Not every bank-feed tool works the same way. Some connect through Open Banking APIs, others use direct integrations or secure data-sharing links. What matters most is how accurately and consistently they deliver financial data that accountants can depend on.

Here’s what to check before you choose one:

1. Coverage and Connectivity

Confirm which banks are supported and how stable those connections are. The best software maintains strong coverage across business and retail banks your clients actually use.

2. Data Refresh Frequency

A daily sync may be enough for light bookkeeping, but accountants handling cash-flow or payroll data often need near-real-time updates. Look for tools that minimise sync delays.

3. Transaction Depth and History

Feeds that stop at 90 days of data can cause reconciliation gaps. A system offering longer historical access—six months, a year, or more helps you analyse past trends or complete audits without extra requests.

4. Reconciliation and Categorisation Tools

Built-in matching rules, transaction tagging, and account-mapping options can cut hours from month-end close. Choose a product that automatically recognises payees and allocates categories accurately.

5. Security and Data Access Controls

Bank feeds must safeguard credentials and transaction details. Prioritise solutions that use encrypted channels, tokenised access, and explicit client authorisation for every feed.

6. Multi-Client and Team Management

For practices handling several entities, a shared dashboard with user-level permissions is essential. It keeps client data separate while allowing staff to monitor feeds in one place.

7. Integration and Support

Check compatibility with your accounting software (Sage, Xero, QuickBooks, NetSuite, etc.). Fast onboarding, responsive technical help, and clear documentation make all the difference during setup.

6 Bank Feed Tools Every Accountant Should Know

1. Finexer

What It Does

Finexer gives accountants and finance teams direct, real-time access to UK bank data through one secure platform. It connects with 99% of UK banks and retrieves up to seven years of transaction history without manual uploads or daily refresh limits.

Why Accountants Use It

Accounting teams use Finexer to automate bank feeds, reconciliation, and balance verification in real time. The system reduces time spent waiting for clients to share statements, improving month-end close accuracy and speed.

Unique Edge

Unlike most bank-feed systems that sync once a day or limit transaction access, Finexer runs on live Open Banking connections that update instantly. Each data call is verified and traceable, ensuring audit-ready accuracy across all connected accounts.

Key USPs

• Unlimited transaction access — no fetch or time-window limits.
• Extended data history — view up to seven years of verified records.
• Multi-client dashboard — manage and monitor feeds across all clients in one view.
• Usage-based pricing — pay only for what you use, with no setup fees.
• Fast deployment — go live in weeks with guided developer onboarding.
• Secure & compliant — fully aligned with UK data-sharing and consent standards.

Ideal Use Case

Finexer fits firms that manage multiple entities, handle high-volume transactions, or require verified financial data for compliance work from payroll and bookkeeping to affordability checks and audit preparation.

Integration Snapshot

Finexer’s flexible API connects easily with any accounting software like Xero, Sage, QuickBooks, and NetSuite, allowing accountants to pull live balances, automate reconciliation, and categorise transactions within their existing workflows.

2. Salt Edge

Best For

Accountants and developers looking for enterprise-grade, FCA-registered bank feed software with broad coverage and compliance.

Overview

Salt Edge provides secure, regulated data aggregation through Open Banking. It enables firms to collect and standardise bank data from multiple institutions using one API, helping teams automate client analysis, financial reviews, and audit preparation.

Key Highlights

• Access to 5,000+ banks, including all major UK institutions.
• Built-in transaction categorisation and data enrichment.
• PSD2 and FCA-compliant infrastructure.
• Long-term consent management for stable connections.

Why It’s a Leading Bank Feed Software

Salt Edge focuses on data accuracy and compliance, making it ideal for accountants who need to aggregate verified financial data across many institutions securely and efficiently.

3. Xero Accounting

Best For

Cloud-based accounting firms needing built-in bank feed software for easy reconciliation and VAT reporting.

Overview

Xero’s bank feed automation pulls daily transactions from connected banks and matches them against invoices or bills using predefined rules. Its intuitive interface and strong integration ecosystem make it a natural fit for accountants managing SME clients.

Key Highlights

• Direct feeds from 20,000+ institutions.
• Custom bank rules for recurring entries.
• MTD-ready reporting for VAT compliance.
• Seamless connection with payroll and expense modules.

Why It’s a Leading Bank Feed Software

Xero’s reliability and ease of use make it one of the most trusted bank feed tools in the UK. For firms already in the Xero ecosystem, it provides a streamlined workflow from data import to tax submission.

4. Sage Accounting

Best For

Accountants managing VAT, payroll, and MTD submissions needing an all-in-one accounting system with automated bank feeds.

Overview

Sage Accounting connects directly to UK banks via secure Open Banking links, automatically importing transactions into your books. With auto-categorisation and reconciliation rules, Sage keeps books accurate while ensuring compliance with HMRC standards.

Key Highlights

• Real-time feeds from all major UK banks.
• Integrated VAT, payroll, and cash-flow tracking.
• Secure Open Banking connections.
• Multi-user access for accounting practices.

Why It’s a Leading Bank Feed Software

Sage combines bank feed automation with robust compliance features, making it a trusted solution for accountants handling multi-client operations and government reporting.

5. Circit

Best For

Audit and assurance professionals who require verified bank data feeds for reconciliations and client confirmations.

Overview

Circit is an FCA-regulated platform that provides instant, verified access to client bank transactions through Open Banking. Its bank feed software helps auditors collect confirmation evidence without waiting for manual documentation, improving both accuracy and turnaround time.

Key Highlights

• Real-time bank verification through FCA-regulated connections.
• Audit-ready confirmation reports within minutes.
• Built-in client consent and verification workflows.
• Integration with audit management tools.

Why It’s a Leading Bank Feed Software

Circit replaces traditional statement requests with live Open Banking data, giving accountants and auditors full transparency and a traceable audit trail — compliant, verifiable, and instant.

6. AutoRek

Finance teams managing large-scale reconciliations and financial controls dependent on accurate, real-time bank feed integration.

Overview

AutoRek is a UK-built financial control and reconciliation platform that automates transaction matching and data validation. Its built-in bank feed automation ensures every transaction, balance, and adjustment is fully traceable — a vital advantage for high-volume teams.

Key Highlights

• Automated reconciliation and exception management.
• Custom rule engines for transaction mapping.
• Centralised dashboard for audit and variance tracking.
• FCA-aligned data control framework.

Why It’s a Leading Bank Feed Software

AutoRek is built for precision at scale. It combines automation, analytics, and governance to give accountants full visibility and confidence in every feed — perfect for teams handling large transaction volumes or regulated financial reporting.

How to Choose the Right Bank Feed Software

Simplify Your Bank Feeds with Finexer

Managing bank feeds shouldn’t feel complicated. With Finexer, UK accountants and finance teams can connect to client bank accounts in minutes and start working with verified, real-time data instantly.

Finexer brings complete UK bank coverage, no transaction limits, and up to seven years of historical data — all through one secure API. Every connection runs on compliant Open Banking rails, ensuring full control and transparency over how financial data is accessed and shared.

Instead of switching between tools or waiting for client statements, Finexer lets you see live balances, reconcile transactions automatically, and deliver faster month-end reporting — all from a single dashboard.