When will I be able to share my AMP Bank data?
In the coming months, you’ll be able to share your banking data with accredited data recipients, including that relating to your own personal transactional and savings accounts.
Later this year, this will be extended to home and investment property loans and offset accounts, as well as accounts held in joint names.
What will I be able to share?
You will be able to share, with accredited data recipients, AMP Bank data relating to your personal transactional and savings accounts in single name only, including sole trader accounts. The data that you will be able to share will include:
- Customer data including customers full name and occupation.
- Account details including the name on the account, type of account and account balance.
- Transactional details including incoming and outgoing transactions, amounts, transaction dates, description of transactions and information on who you have sent money to and received money from.
How can I provide my consent to share data?
You can provide your consent on the website or app of the accredited data recipient. When doing this, you’ll be taken to AMP's consent portal where you’ll confirm what data you’d like to share.
Step 1: Enter your My AMP username and click 'Continue'. For added security reasons, you’ll not be required to enter your My AMP password.
Step 2: We’ll send a unique one-time password to the mobile number that you’ve registered in My AMP. Please enter this and click 'Continue'.
Step 3: Choose the account or accounts which have data you’d like to share and click 'Continue'.
Step 4: Review the details and confirm you want to share by clicking 'I confirm'. We’ll then take you back to the accredited data recipient’s website or app.