Open Banking

Everything you need to know about sharing your Bankwest data with accredited organisations.

What’s Open Banking?

Open Banking gives you greater control of your Bankwest data. It was introduced after the Australian Government passed legislation, called the Consumer Data Right. It means you can now share some of your Bankwest data with accredited organisations so they can provide you with a product or service (like a budgeting tool).​

Benefits of Open Banking​

Open Banking could change the way you compare products and services between organisations and make it easier for you to find better deals. It could also mean access to new features and services to help you manage your finances.

Who can share data?

To be eligible for data sharing, you must:​

  • Be at least 18 years old
  • Have access to the Bankwest App or online banking
  • Have an eligible account.

Our launch timeline

Take a look at what data will become available over time in line with the ACCC implementation of Open Banking.

Individual and sole trader customers

Eligible individual customers and sole traders can share data for the following Bankwest products:

  • Credit cards
  • Deposit and transaction accounts
  • Offset accounts
  • Home loans and personal loans
  • Some term deposits
  • Some line of credit accounts
  • Eligible closed accounts (if they were closed in the last 2 years). 1

Joint accounts

Joint accounts will be available from 1 July 2022.

Other business customers

Business customers will become eligible to share data from 1 November 2022.

How to share your Bankwest data​

Before you can share your Bankwest data, you need to provide your consent on the website or app of the accredited organisation. After that's done, you'll be redirected to our set up process.​

Verify it's you​

We'll ask you to enter the mobile number you've registered with us, and we'll send you a One Time Password.

Enter One Time Password​

You can find it under 'Notifications' in the Bankwest App or online banking.

Select your data

Select which accounts you'd like to share and for how long. 2

Review and consent

Review the details and confirm you want to share. We’ll then take you securely back to the accredited organisation you started on.

Open Banking: How to set up and stop data sharing

To learn more about data sharing, see our Consumer Data Right policy (PDF).​
This video is for illustrative purposes only.

How to set up data sharing

Part 1 – Accredited organisation

Start the data sharing process via the accredited organisation’s website or app.

Follow their steps to get started.

Select Bankwest to share data from and select which data you want to share.

Confirm the data sharing request.

You will then be re-directed to Bankwest.


Part 2 – Bankwest

Enter your mobile number.

You will be sent a One Time Password from Bankwest.

Open the Bankwest App to see notifications and tap to view your One Time Password.

Enter your One Time Password.

Select the customer profile you want to share data from.

Select the accounts you want to share.

Review your data sharing details and click ‘share data’.

Confirm your consent to share data.

You will then be re-directed back to the accredited organisation.

Data sharing is now successfully set up and you will receive a notification from Bankwest.


How to stop data sharing

You can stop data sharing any time through Bankwest or by contacting the accredited organisation.

To withdraw your consent via Bankwest:

  1. Choose ‘Manage data sharing’ from the Bankwest Online Banking or Bankwest App menu
  2. Select the accredited data organisation
  3. Choose ‘Stop sharing’.

Need help? Call us on 13 17 19.

Frequently asked questions​

Info at your fingertips


Is data sharing safe?​

Yes, sharing your Bankwest data via Open Banking is safe.​

Organisations must follow high security standards to collect and use your Bankwest data – plus, they need to be accredited by the ACCC to participate in Open Banking. See a list of accredited organisations.​

Remember, we’ll never ask you to share your Personal Access Number (PAN) and password with a third party to share data.​


Can I share data from my joint accounts?​

Not yet – joint account data will be available to share in July 2022.


How do I view or manage any data I've shared?​

You can view details or manage your sharing permissions at any time.​

Simply log in to the Bankwest App or online banking and go to 'Manage data sharing'.

Are you a developer?

You can access Bankwest product data using our Bankwest product APIs.

Need more help?

You can message us in the Bankwest App or online banking, submit an enquiry via our website, or call us – we’re here 24/7.

If you’d like to learn more about Open Banking, you can visit the Consumer Data Right website.

  1. You can share eligible closed accounts if they were closed within the last two years.
  2. You can consent to share your data for up to 12 months at a time. If you want to continue sharing after 12 months, you'll have to renew your consent.