Update: The bank feeds integration for Chase, Bank of America, Capital One, and Wells Fargo banks are now using oAuth connections, extensively improving the stability and security of this feature.
What You Need To know
Landlord Studio allows you to connect your bank account and import transactions automatically, which makes reconciling your accounts easier and faster. In this guide, we will walk you through how to connect your bank accounts using Plaid, how to reconcile transactions, and manage your accounts.
This feature is currently only available in the USA, UK, and Canada.
We have partnered with Plaid and will be rolling this feature out to the rest of the world as they expand into new countries.
Read our Bank Feeds Security Fact Sheet here.
When choosing your subscription plan it's important to note that Bank feeds is only available on our PRO plan.
Connecting your Bank Account
Log in to your Landlord Studio account.
Go to the “Bank Feeds” section and click “Connect Bank”.
Follow the prompts and select your bank from the list of supported institutions and log in to your online banking account.
Follow the on-screen instructions to authorize Plaid to access your bank account information.
Select the appropriate account(s) for your portfolio.
Once your bank account is successfully linked, you will see your accounts under the Bank dropdown.
Don’t see your bank account?
Head over to our article “Why is my Bank Account not Listed?“
How to switch between multiple bank and bank accounts
You can connect to multiple banks and individual bank accounts. Here's how:
Select the "+ Connect bank" button on the top right corner of the screen.
Follow the instructions on the screen to add multiple bank and bank accounts.
Select the dropdown icon beside the bank name.
A dropdown list should appear, listing all the banks you have connected.
Select the bank you'd like to switch to and wait for the system to retrieve your updated accounts and transactional data from Plaid.
To switch between accounts within the same bank, simply select the "Select to view transactions" button on the account card.
How to add or remove bank accounts
At times, you may wish to add or remove the accounts selected from your bank. Follow the steps below to add or remove accounts.
Select the cog button located on the top right corner of the page and select "Manage accounts".
Upon confirmation, you will be taken through the Plaid account connection flow to select or de-select the accounts you'd like the system to connect via Plaid.
*IMPORTANT* - You will lose all reconciliation history of removed account(s).
How to assign a nickname to an account
You may wish to assign a nickname to accounts of the same type.
To edit the account name, select the edit account located in the top right corner of the account card.
Give your account a nickname by typing into the highlighted field. To restore the account name back to its original, simply remove all text in the field and select "Enter".
Your account name is updated.
We are still developing this feature and we intend to automate the entire process once we have taught our AI systems to accurately recognize and record payments.
Landlord Studio provides you with regulated account information services as an agent of Plaid Financial Ltd., an authorized payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Registration Number: 804718) for the provision of payment services, including account information services.