Released in 2018, open up banking can be a government-backed initiative which - along with the 2nd payment Companies Directive (pSD2) - got down to alter the way in which buyers can share their monetary information among the fiscal service suppliers, directed at stimulating competition and encouraging innovation. Even so, in spite of the assure of offering new goods to help individuals deal with their finances better, only one in 4 persons was conscious of open banking, a person 12 months immediately after its start.
Earn new customer benefits by open bank account at. Enjoy up to HKD16,400 welcome privileges and up to 2.015% savings interest rates (p.a.) by joining as our new Packaged Banking customer.