Supported account types

Under the Consumer Data Right (CDR), all Authorised Deposit-taking Institutions (ADIs) are compelled to share account and transaction data when instructed by their customer. This effectively means that account holders can now instruct their bank, building society, or credit union to securely share their data from transaction, deposit, loan, or credit card accounts. This instruction is securely made through ACSISS My Data from SISS Data Services – a CDR Accredited Data Recipient.

Non-individual accounts

Under the Consumer Data Right (CDR) Open Banking, some banks require businesses and other non-individual account holders (e.g., trusts) to appoint a Nominated Representative before they can share data.

A Nominated Representative (also known as a delegate) is an individual within an organisation who is authorised to manage and share CDR data on its behalf. The process for appointing a Nominated Representative varies by bank—some offer online registration, others provide in-app options, and some require a paper or digital form submission.

To find out how to appoint a nominated representative with your bank, see the relevant article in Connect your business bank account