Summary
Description
What are bank feeds?
Want more time to run your business? Well, with bank feeds, we can help you do just that. By linking your bank accounts using the Sage bank feeds service, you can download, create, and match transactions in your software quickly and securely.
Using bank feeds allows you to access your latest bank activity at the touch of a button, saving you hours of time with automated transaction posting and matching—all at no extra cost.
What are the benefits of bank feeds?
Save time by streamlining your work with automated processes.
Get clear control of your business’ financial health, all in one place. You can then cut down time sifting through your bank data with access in seconds, not minutes.
Let's take a look at the benefits
Stay in the know and take control
Bank feeds gives you the tools to take care of your business. Access the data you need in seconds, make decisions quickly, and get full control of your cash flow. What’s more, you can use custom rules to categorise transactions as they download, and make them exactly how you want them—now and in the future. All within one place.
Banks that connect to Sage 50 Accounts
Bank feeds are helping many other businesses like yours.
Sage 50 Accounts connects to hundreds of banks including Barclays, HSBC, Lloyds, NatWest, Santander, Revolut, and RBS.
Next steps
Our Help Centre covers everything you need to seamlessly integrate your bank accounts, then download, create and match your bank transactions quickly and securely.
TIP: You can also register for a free live webinar, where we show you how.
Bank Feeds Security Statement:
Security is of the highest importance regarding our bank connectivity. The Sage functionality that connects to your bank goes through annual external security certification to the latest security industry standards including ISO 27001 and SOC 2 certification.
For UK bank connections Sage and its providers use Open Banking which is the latest and most secure method to connect to a bank.
For EU Banks our connections to banks use PSD2 which is the latest and most secure method to connect to a European bank implemented by the European Banking Authority (EBA).
Both methods involve banks providing connectivity in a standardised format to the latest industry standard.
The information captured from your bank and passed through to Sage contains transaction information which includes the amount, date, type, and a description of the transactions, as well as account details which include: account name, type, account number, and balance. As you select the bank to connect to you will be presented with the information that will be captured as part of the connection as well as the terms and conditions of using the connection ahead of proceeding.