It all happens online, so you’ll need to be registered for our Internet Bank and have logged on at least once to use the service. You’ll initially need to give consent to the TPP in whatever way they request (this may involve ticking a box on their website for example).
You’ll be redirected from the TPP site to our secure interface where you’ll need to enter your Internet Banking login details, so we can be sure we are dealing with you. We also run our own security checks and, if the TPP is not on the Open Banking Directory, they don’t pass go and the account request will be declined. We won’t share any information with anyone who’s not registered on the directory.
At first, a TPP will only be able to initiate a one-off immediate payment from your account following your consent. But in the future you may be able to give a TPP authority to make different types of payments on your behalf.
Once you have given a TPP your consent, they can request your current account information either as a one-off request, or the consent can be left open for up to 90 days for the information to be refreshed. After the 90 day period is up, they will need to ask for your consent again.