The Consumer Data Right (CDR) allows eligible customers to conveniently access their banking data and share it with accredited third parties. In the banking sector, this is also called Open Banking.
You can choose if you want to share your consumer data with accredited third parties, and which third parties you wish to share that data with. Please see below for instructions on how to do this.
You will not be charged a fee to disclose any required consumer data.
Please see the CDR website for more information about how CDR works.
What is consumer data?
We're required to make specific types of consumer data available under the CDR regime, including:
- Customer information such as your name and contact details (phone number, email address and residential address). If you're a business, this also includes information about your business such as your business name and ABN.
- Account details such as your account name, account number, account balance and any authorisations on the account (i.e. direct debits, scheduled payments and payee details).
- Transaction information such as the date of transactions, amount credited or debited and simple categorisation of the transaction (e.g. whether the transaction is a fee or interest).
- Product specific data such as the product type, price (including fees, charges and interest rates) and associated features and benefits (including discounts and bundles).