How does OpenBanking work?
What does it mean when we say 'Connect your bank with Open Banking?' This diagram should help...
What does it mean when we say 'Connect your bank with Open Banking?' This diagram should help...
After you have registered with us, we ask you to connect your business bank account.
But what does it mean when we ask you to connect your account?
We use Open Banking - the regulated, secure way to grant authorised companies read-only view of your data from your bank.
It's really as easy as:
Select your bank > Sign into your bank's online banking or app > grant permission for us to view your data.
This diagram has more details, and should answer any questions you have:
Launch a full size version of the diagram here
At Crif RealTime Ltd. we are an FCA regulated AISP (Account Information Service Provider, and our FRN number is 791914.
You can find lots more details on Open Banking and data security in our FAQs section.