What is Open Banking?
Open Banking is the sharing of banking data electronically in line with the Consumer Data Right (CDR) legislation. Open Banking aims to provide you with greater choice, access, and control over your financial information. This includes the ability for you to securely share your banking information with Accredited Data Recipients (ADR's) in order to compare products or apply for new products.
You are in full control of your data sharing, at all times. You can establish a new data sharing arrangement with an accredited third-party and share your eligible HSBC banking data via the secure CDR network. You can then log in to the HSBC mobile banking app to view or stop data sharing at any time.
Sharing your HSBC banking data
Sharing data from HSBC
You can share your HSBC data with accredited third parties via Open Banking.
If you have any comments or questions regarding data sharing via Open Banking, please contact us.
Sharing data with HSBC
At this time, HSBC is not accredited to receive third party banking data via Open Banking. If you would like to bank with us, you can open most products online.