Open Banking gives you, as a Bank of Melbourne customer, the ability to share your banking data with other parties you trust.
Pre-Consent: What needs to be done before Authorisation?
For non-individual (Organisation) customers including SMSFs, customers are required to nominate one or more individuals to data share on behalf of the Organisation. This is a once off process.
You will need to complete and return to the Bank the Open Banking Data Sharing Authority form to provide the nomination before a nominated representative can grant, amend and manage data sharing consents on behalf of the Organisation.
Consent Process
Once the pre-consent process has been completed, follow the instructions at https://support.sf360.com.au/hc/en-au/articles/30542403698957-Open-Banking-CDR-BGL-Bank-Data-Service. This needs to be completed every 12 months.
Do you know where I can find more information?
Click here to visit the bank's website for open banking.