init

Run banco init in an empty directory to set up a new Banco project.

Banco creates:

• The directory skeleton for each module (e.g. tasks/local/backlog, tasks/local/doing, tasks/local/done)
• A misc/ directory for files not managed by banco
• .banco/BANCO.md, AGENTS.md, and CLAUDE.md for agentic workflows

banco init

Flags

--update

Overwrites .banco/BANCO.md in an existing project with the version built into the installed binary. All other project files are left untouched.

Useful after upgrading banco to pick up improvements to the agent instructions.

banco init --update