Direct bank feed

Thanks Graham, most helpful as always.

Jamie

Hi Jamie. Thanks for the question

>Are Direct bank feeds available from Lloyds to IRIS Financials ?
Yes there is a V7 update going out currently to PSCloud customers, so will be with you by the end of the week.

>Is it a free service ?
Yes, completely free.

>How long does it take to set up ?
No more than a minute or 2 per bank. Please review this video walking you through it : https://iris.wistia.com/medias/eel2qc5vmh
Please let me know if you have any problems viewing this.

>Can it do multiple bank accounts ?
Yes

>Is it only from Lloyds to IRIS, or can it take payments back from IRIS to LLoyds?
This feature handles bank transaction downloads I'm afraid. We have investigated integrating Open Banking into Payment Runs, but unfortunately this proved to have too many restrictions to be useful for customers.