What is Open Banking?

While banks have historically maintained client financial information inside their own closed systems, Open Banking enables the secure sharing of financial data between banks and third-party service providers (such as brokerage firms) through the use of application programming interfaces (APIs).

Using Open Banking, clients may link their bank account to their brokerage account for deposits and withdrawals, with funds typically arriving same-day or next-day, depending on your bank. We currently offer Open Banking for GBP transfers, but plan to offer additional currencies in the near future.

Note

  • Open Banking is only offered for banks in:

GBP:

United Kingdom

EUR:

Belgium

Estonia

France

Germany

Ireland

Italy

Latvia

Lithuania

Netherlands

Portugal

Spain

Additional Information

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Why was my deposit initiated via Open Banking is not received?
Open banking
Why is my financial institution not available to connect for Open Banking?
How long do I have to confirm my Open Banking deposit at my bank?