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Making reconciliation easier for business customers

For many businesses the reconciliation of their bank account balance and transactions is a key control point. This will be easier now for customers who use Xero or FreeAgent accounting packages.

Earlier this week we released a new version of firework online which enables businesses to download statements in the latest OFX format in addition CSV and PDF formats. For information on how to import your statement see Xero and/or FreeAgent.

With, businesses can open multiple accounts in sterling and euro, make and receive bank transfers, including real time FX transfers, access funds using a MasterCard® debit card and use the firework mobile app to get real time notifications for transactions and account activity.

If you haven’t already, you can open a business account online in as little as 24 hours. As always please let us know of any other developments you would like to see.

Colm Lyon, CEO

For further assistance and a wealth of resources, do not forget to visit our Business Banking FAQs. Whether it’s understanding the new features or getting the most out of your account, you’ll find a range of helpful information there.