Xero Bank Clearing Bank Rule

Setup a Bank Rule in Xero to allow the Payment amount to be transferred from Ostendo Bank Clearing to the Bank Account

1. Ensure this is a ‘Receive Money Rule’
2. Set to match ‘All’ conditions when Amount is greater than Zero
3. Set to ‘the Payee from the bank’
4. Set the following:

• Description – Transfer From Ostendo Bank Clearing
• Account – Ostendo Bank Clearing
• Tax Rate – No GST
• Percent – 100%

5. The reference will be set ‘from the Reference’
6. Target Bank Account – All or nominated
7. Title – Ostendo Bank Clearing