Key Takeaways:
Providing this information through Open Banking streamlines processes and allows your Trusted Adviser (Financial Adviser or Mortgage Broker) to get a complete financial picture. |
When using Frollo to securely retrieve your financial information, you might have questions about the specific information that is provided through Consumer Data Right (CDR) data. Here's a breakdown of the categories of data that Frollo or NextGen can obtain and hold with your explicit Consent:
Account Information:
- Name of the account
- Type of the account
- Account balance
- Account numbers
- Interest rates
- Fees
- Discounts
- Account terms
- Account mail address
Transaction Details:
- Incoming and outgoing transactions
- Transaction amounts
- Transaction dates
- Descriptions of transactions
- Details of who you have sent money to and received money from (e.g., their name, Bank State Branch (BSB), account number)
Contact Details:
- Name
- Occupation
- Phone number
- Email address
- Mail address
- Residential address
Direct Debits:
- Information about direct debit authorisations
Scheduled Payments:
- Information about scheduled, outgoing payments
Payees:
- Names and details of saved payee accounts
For more information review our CDR Policies:
If you used the Open Banking solution where Frollo Australia Pty Ltd (Frollo) was the Accredited Data Recipient (ADR) refer to the Frollo CDR Policy.
If you used the Open Banking solution where NextGen.Net Pty Ltd (NextGen) was the Accredited Data Recipient (ADR) refer to the NextGen CDR Policy.