Understanding if you can connect your bank feeds to Open Banking

If your bank is supported under the Open Banking regulations you can connect your accounts and credit cards for a complete, real-time view of all your finances and cash flow.

What is Open Banking?

Open Banking is regulation that allows customers to share their financial information electronically, securely, and with permission that is confirmed every 90 days. Open Banking offers enhanced speed, security and smart solutions to banking customers.

Learn how to connect your bank to Open Banking here. Check out the Open Banking FAQs page page for more information.

I have accounts domiciled in the Channel Islands or Gibraltar, how does Open Banking impact my accounts?

The Channel Islands fall outside of the regulation, and therefore your bank is unlikely to provide Open Banking feeds.

Gibraltar is within regulation and you should be able to keep your existing or new feeds using Open Banking.

Is historical data available?

Yes, customers can retrieve up to 24 month’s historical data with Open Banking when connecting their accounts for the first time. The amount of historical data that is available may differ between banks.

How long does the connection last?

You consent to a connection for 90 days. After that, you'll be invited to re-authorise the connection in the Banking page in QuickBooks

If your bank connection has expired and you are unable to re-authorise the connection, please follow these steps to get your QuickBooks back up and running.

Banks with accounts available on Open Banking

Account type and product coverage will differ between banks. We are continuing to work closely with banks and financial institutions to provide Open Banking connections for as many account types as possible. Where your bank account does not yet support, you will need to import your bank transactions.

Payment accounts (current account products, credit card, and some savings products) will generally be available now under Open Banking, with some exceptions where the account will be made available at a later date.