Overview
To support Open Banking, certain actions must be completed for National Australia Bank before authorisation can be granted, allowing BGL and Skript to receive bank data.
Pre-Consent: What needs to be done before Authorisation?
For business, trust or other organisation type (including SMSFs)
Any existing and new nominated authorised users appointed by your business owners will be able to provide consent to share the data in relation to the accounts for which they are authorised.
Please note that an authorised user can only see and manage consents created by them. Therefore, if one of your authorised users creates a consent, you will not be able to see this in your internet banking.
To add new nominated authorised user, please complete this form and return to NAB.
For Individual and sole trader:
Open banking is available to eligible:
- single account holders
- sole traders
- joint account holders over the age of 18
- all authorised users on individually owned accounts who are nominated for NAB Internet Banking access (via the Internet Banking and Telephone Banking Authorised User Nomination form)
Any existing and new nominated authorised users appointed by individual account owners will be able to provide consent to share data in relation to the accounts for which they are authorised.
Please note that an authorised user can only see and manage consents created by them. If an authorised user creates a consent which includes nominated individual accounts, the individual account owners will also be able to see the consent details related to the nominated accounts in their respective internet banking.
For joint account
Joint account holders with two or more individual account holders are eligible to share consumer data if:
- each account holder is 18 years of age or older; and
- an eligible Macquarie Personal Banking Product is held that can be accessed via Macquarie Electronic Banking.
The default setting for joint accounts (where each joint account holder is an eligible CDR consumer) is that either account holder is eligible to consent to the disclosure of CDR data. This means that any joint account holder can initiate or stop the sharing of CDR data from a joint account without further approval from other account holders.
Account Eligibility
Eligible personal and business banking products such as:
-
- credit or debit cards
- term deposits
- transaction and savings accounts
- home loans (mortgages)
- personal loans
- business loans
For more information, please visit: