Open Banking

Open Banking uses Open Application Programming Interface (Open API) to enable the sharing of product information and account data with your consent. Open API allows secure and efficient data communication between HSBC and our trusted Third-party Service Providers (TSPs, including IADS participating banks).

Open Banking unlocks opportunities for a wide collection of innovative applications. This includes providing a consolidated view of your various bank accounts, facilitating management of your finances and offering more personalised products and services.

Watch this video (available in Chinese only) by the Hong Kong Monetary Authority to know more about Open Banking.

Check out our overall partnership list to learn more about our partnering TSPs, and the corresponding products and services they offer.

The Hong Kong Monetary Authority (HKMA) Interbank Account Data Sharing (IADS) initiative allows the sharing of your deposit account data, with your consent, between the participating banks using Open API.

You remain in full control, selecting which accounts' data you'd like to share, for how long and with which bank. You can choose to cancel your consent at any time.

Save time checking the balance of your numerous bank accounts and get a consolidated view of your deposit accounts with the HSBC HK App. We will connect securely to your other banks, saving you the hassle of logging on to various other applications. Enjoy a more seamless banking service along with personalised offers.

To learn more about the HKMA IADS initiative and the list of IADS Participating Banks, you may visit the HKMA IADS Web Page.

You can easily provide consent to access and consolidate other bank's account balances in a few simple steps.

1. Open your HSBC HK App.
2. On your homepage, select 'Add accounts' under 'Accounts with other banks'.
3. Select the bank you want HSBC to have access to.
4. Select the consent period for how long HSBC can access your account data. Review and accept the 'Terms & Conditions' to continue.
5. We'll redirect you to your selected bank's website / application. Log on and select the bank accounts whose data you want to share with HSBC.
6. Confirm your consent to share data and you'll be returned automatically to HSBC HK App. You will see the confirmation page when the consent is set up successfully.
7. We'll be retrieving your latest updated account balances in the background. You will be able to see them on your homepage within minutes. To refresh the balances, tap on 'Refresh'.