What is Frollo - How to Explain It to Your Clients
Some clients may be using Frollo for the first time and may have questions about how it works.
To help support these conversations, we've created a Frollo Client Quick Step Guide that advisers can share digitally or print and use during client discussions.
How to Explain Frollo to Your Clients
Here's a simple way to describe it:
- Digital and secure: Frollo uses government-regulated Open Banking, allowing clients to securely connect their bank accounts and share financial data. Clients are never asked to provide internet banking passwords.
- Faster advice process: By sharing data digitally and in real time, advisers receive accurate financial information sooner, helping to provide a more efficient financial advice journey.
- Client control: Clients choose which accounts to share and for how long (for example, 3, 6 or 12 months). They can withdraw consent at any time.
- Easy setup: Clients receive an invite link to register with Frollo, connect their accounts and provide consent, a process that typically takes around 5–10 minutes.
Use the Frollo Client Quick Step Guide visual to walk clients through the process in just a few simple steps.