XERO

Xero

Simple and time-saving automatic bank feeds

At a Glance
Connect your DBS bank accounts to Xero accounting software to generate automatic bank feeds.

Easy setup

Set up your DBS bank account in Xero. Then connect DBS and Xero through DBS IDEAL, our online banking platform

Up-to-date view of your cash flow

With DBS-Xero bank feeds, your day starts with valuable insights and updated view of your financial position

Special Offer

Successfully open a DBS Business Account(s) and enjoy 3 months fee waiver for:

  • DBS IDEAL Online Banking Telegraphic Transfer Transactions Fee

Subject to OAOS Terms and Conditions

How it Works

Watch the video to learn more:

How to Apply

What you need to do to set up DBS-Xero bank feeds?

     1.  DBS Business Account with DBS IDEAL access

     2.  Xero accounting software

Apply for a DBS Account or login to DBS IDEAL to use this service!

Just follow these easy steps: See how.

If you already have a DBS Business Account, but no DBS IDEAL access  yet.

Or Login to DBS IDEAL Now! Apply now.

Ready to switch to DBS? Apply now.

Stay tune for upcoming workshops

Stay tune to BusinessClass for any upcoming Xero workshops to get hands-on demo on how to build the right reports for your business.

FAQs
What types of accounts would I be able to set up bank feeds for?

You would be able to set up bank feeds for all DBS corporate current and savings accounts to be delivered directly into the Xero platform. However, please note that Fixed Deposit Accounts are not supported.

Will DBS-Xero bank feeds cost me anything?

If you’re currently using Xero and have a DBS bank account and DBS IDEAL access, the bank feeds are available at no additional cost to you. If you don’t currently bank with DBS and would like to, you can get started now.

How do I sign up for this service?

You can sign up for this service by clicking on the “Connect a bank” feature in Xero which will prompt you to login to DBS IDEAL. You’ll require your IDEAL login credentials (including your Digital Token or Physical token) for us to verify you. Subsequently, you just have to authorise the bank to send the feeds to Xero and you are done! Just follow these easy steps.

Can all users sign up for this?

Only users who are IDEAL authorisers are able to sign up. You would only be able to send bank feeds for DBS Business accounts that the DBS IDEAL user is authorised to within DBS IDEAL.

I am only on DBS IDEAL Enquiry. Will I be able to access this service?

As a company on DBS IDEAL Enquiry would not have any users who are authorisers, please upgrade your access to IDEAL Transact by using this form.

I’ve recently opened a new account and added into DBS IDEAL after setting up my DBS-Xero bank feeds. How do I get the bank feeds for the new account?

Simply login to Xero and go through the setup steps to re-connect the bank feeds again. You should be able to access the bank feeds page from Xero and re-initiate the bank feeds. Do ensure that the user who tries to do the connection has access to the new account.