Skip to main content Skip to main navigation Skip to accessibility page Skip to search input

Open Banking

Easily and securely share your banking information with organisations that you trust.

What is Open Banking?

Open Banking gives you, as a BankSA customer, the ability to share your banking data with other parties you trust, including other banks, online.

What is the Consumer Data Right?

The Consumer Data Right is a law which provides eligible individuals or organisations with the right to request access to generic data relating to banking products and services that we offer (product reference data), as well as share data about eligible products and services that relate to you as an individual or organisation (consumer data).

The Consumer Data Right puts control of your data in your hands. In relation to the banking sector, the Consumer Data Right is referred to as “Open Banking”.

What's New for Open Banking?

Consumer data sharing for Open Banking will Go Live for BankSA on 1 July 2021, with savings and transaction accounts, credit and debit cards available for data sharing.

Check the updated List of Accounts (PDF 90KB), to see which account products are currently eligible for Open Banking.

Frequently Asked Questions

On 1 October 2020 BankSA commenced data sharing for product reference data via our public Open Banking Product API.  The number of products available for product reference data sharing expanded on 1 February 2021 and will expand again on 1 July 2021, in line with the Government’s phased implementation of the Open Banking regulations. Product reference data can be used by third parties to make comparisons of products and prices across the market.

On 1 July 2021 BankSA will commence consumer data sharing, allowing eligible customers to share their data for in-scope products with Accredited Data Recipients (ADRs). The products and data available for consumer data sharing will continue to expand in line with the phased implementation of the Open Banking regulations. Consumer data sharing gives consumers greater access to and control over their data and may improve consumers’ ability to compare and switch between products and services.

Consumer Data Right (CDR) Policy

BankSA is a member of the Westpac Group.  The Westpac Group CDR Policy provides information about how BankSA manages data under the Consumer Data Right. 

Consumer Data Right (CDR) Policy (PDF 1MB)

List of Accounts

This document provides a list of all BankSA accounts eligible for data sharing through Open Banking.

List of Accounts (PDF 90KB)