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How to connect Business, Trust, and SMSF accounts together with personal accounts for Open Banking
How to connect Business, Trust, and SMSF accounts together with personal accounts for Open Banking

Learn how to connect business, trust, SMSF, and personal accounts for Open Banking with simple steps and helpful tips.

Updated over a week ago

Under the Consumer Data Right (CDR) program you are only allowed one consent per bank. If you have separate logins for your personal and business/other accounts, you will need to update your data sharing preferences for each login to ensure all accounts are connected.

Business data sharing is considered “opt-in” under the CDR regime so for those needing to share data for bank accounts held by business entities (e.g., Sole Traders, Partnerships, Companies, SMSFs and Trusts) it may require some additional steps.

Steps to Share Business Banking Data via CDR

To connect a business account via CDR, ensure the following:

  1. Enable Online Banking

    • The business entity owning the bank account must have online banking access enabled.

  2. Grant Authority

    • The controlling party (e.g., director(s)) must authorise individuals to share accounts owned by the business entity. This is typically done via the bank’s online banking system.

    • Once authorised, the authorised individual will see an additional page in the CDR data-sharing flow, where they can select their personal or business profiles for data sharing.

  3. Complete Bank-Specific Steps

    • Each bank handles the authorisation process differently. For some, granting authority is as simple as updating permissions through the bank’s app. Others may require submitting forms or additional verification.

What if Bank Staff are Unfamiliar with CDR?

If you encounter bank staff who are unaware of CDR:

  • Escalate the issue within the bank.

  • Refer to the bank’s listing on the Data Holders list to find the specific CDR support team’s contact email.

Testing CDR Data Sharing

Before connecting your business accounts via CDR, you can test the process using the myCDR tool:

  1. Access myCDR

    • Visit myCDR Data to test your accounts and review the CDR data available under the Business Connecting Consumer (BCC) flow.

  2. Connect with TaxTank

    • Once you’ve reviewed your data, reach out to your bank to update any data sharing access. Once updated, login to TaxTank to complete the connection process and start sharing your business banking data seamlessly.

Below is a list of resources for each bank to help when attempting to connect to Business accounts via the CDR.

Bank

Additional Notes

Resources

CDR Policy Link

CDR Support Contact

CDR Provider Number

CBA

A delegate can share some of your business data with accredited organisations. The business must choose at least one delegate before data can be shared using NetBank or CommBiz.

Set up a data sharing delegate with NetBank or CommBiz

Call 13 2339

DHBNK000007

ANZ

There are multiple ways for ANZ customers to share data. ANZ customers with eligible products accessed through ANZ Internet Banking, ANZ Internet Banking For Business (IB4B), ANZ App and ANZ Plus are able to participate in CDR data sharing. Alternatively, business customers may contact their Relationship Manager or ANZ IB4B Support on 1800 269 242.

Open Banking Help for Internet Banking for Business, ANZ IB4B User guide, ANZ IB4B Support

DHBNK000005

NAB

All NAB Connect customers are able to establish Internet Banking (and consequently, Open Banking) access by either contacting their Personal Banker or by calling the Business Servicing Team at 131 012. The person wanting to share the data must be authorised by the business and registered with the bank before they can share data.

How to share data using Open Banking

DHBNK000003

Westpac

Having internet banking access is a prerequisite to be an eligible customer to data share. Depending on the type of customer, setup may or may not be required.

How to set up your Business Network for Data Sharing

DHBNK000001

Others Bank with resources are below:

Other Banks

Resources

CDR Policy Link

CDR Support Email

CDR Provider Number

gmcu

DHBNK000126

Bank of us

DHBNK000120

Suncorp-Metway Limited

DHBNK000068

Bank of Queensland Limited

DHBNK000111

Bankwest Bank

Call 13 2339

DHBNK000007

Australian Mutual Bank LTD

DHBNK000066

Police Credit Union Ltd

DHBNK000093

Great Southern Bank

DHBNK000048

ME Bank

DHBNK000111

UniBank

DHBNK000073

Bank Australia

DHBNK000046

St. George Bank

DHBNK000001

The Capricornian

DHBNK000099

BankSA

DHBNK000001

Unloan

Call 13 2339

DHBNK000007

Bell Potter

DHBNK000162

Bank Vic - Police Financial Services

DHBNK000095

Teachers Mutual Bank Limited

DHBNK000073

Qantas Money

DHBNK000003

Coles Financial Services

DHBNK000003

Hume Bank Limited

DHBNK000057

Australian Unity Bank

DHBNK000102

Defence Bank Limited

DHBNK000049

Police & Nurses Limited (P&N Bank)

DHBNK000036

Cairns bank

DHBNK000059

ANZ Plus

DHBNK000005

Arab Bank Australia Limited

DHBNK000192

RACQ Bank

DHBNK000063

People's Choice Credit Union

DHBNK000084

Up Bank

DHBNK000092

Qudos Mutual Ltd (Qudos Bank)

DHBNK000065

South West Slopes Credit Union Ltd

DHBNK000108

ME Bank - ME Go

DHBNK000111

Virgin Money Credit Card

DHBNK000111

BOQ Specialist

DHBNK000111

Reliance Bank

DHBNK000060

Tyro Payments

DHBNK000081

Citibank

DHBNK000003

CBA - CommBiz

Call 13 2339

DHBNK000007

Orange Credit Union

DHBNK000170

Easy Street

DHBNK000030

Community CPS Australia Limited (trading as Beyond Bank Australia)

DHBNK000032

Firefighters Mutual Bank

DHBNK000073

ING Bank (Australia) Limited (trading as ING Direct)

DHBNK000045

WISE AUSTRALIA PTY LTD

DHBNK000228

Aussie Home Loans

DHBNK000162

Laboratories Credit Union

DHBNK000086

MyState Bank

DHBNK000104

AMP Bank Ltd

DHBNK000027

AGL Energy Limited

N/A

DHBNK2016

Unity Bank

DHBNK000106

Maitland Mutual Limited

DHBNK000055

Auswide Bank Ltd

DHBNK000124

Health Professionals Bank

DHBNK000073

Fire Service Credit Union

DHBNK000064

Bank of China

DHBNK000189

Railways Credit Union Limited (trading as myMOVE)

DHBNK000105

Judo Bank

DHBNK000080

Thriday

DHBNK000022

National Australia Bank Limited

DHBNK000003

DDH Graham

DHBNK000111

Kogan Money Credit Cards

DHBNK000003

TMCU

DHBNK000127

Amigo

DHBNK000030

Bank First - Victoria Teachers Ltd

DHBNK000058

Illawarra Credit Union Limited

DHBNK000083

Australian Military Bank Ltd

DHBNK000106

Australia and New Zealand Banking Group Limited

DHBNK000005

QBANK

DHBNK000067

BHCCU

DHBNK000047

Coastline Credit Union

DHBNK000171

Macquarie Bank Limited

DHBNK000162

Family First

DHBNK000136

Southern Cross Credit Union

DHBNK000090

Queensland Country Credit Union

DHBNK000050

PayPal Australia Pty Limited

DHBNK000195

Community First Credit Union Limited

DHBNK000030

RAMS (a subsidiary of Westpac)

DHBNK000001

Heritage Bank Limited

DHBNK000084

RSL Money

DHBNK000106

HSBC Bank Australia Limited – Wholesale Banking

DHBNK000079

HSBC Bank Australia Limited

DHBNK000079

Geelong Bank

DHBNK000043

Challenger

DHBNK000201

Bank of Melbourne (a subsidiary of Westpac)

DHBNK000001

Central West CUL

DHBNK000085

Dnister

DHBNK000097

RaboDirect (RaboBank) Australia Ltd

DHBNK000033

Myer Pty Ltd

N/A

N/A

N/A

Summerland Credit Union

DHBNK000051

Bendigo and Adelaide Bank Limited

DHBNK000092

Warwick Credit Union Ltd

DHBNK000149

First Choice Credit Union

DHBNK000053

Gateway Credit Union Ltd

DHBNK000044

The Mac

DHBNK000087

WAW

DHBNK000121

Woolworths Team Bank

DHBNK000137

Bananacoast Community Credit Union

DHBNK000036

Newcastle Permanent Building Society

DHBNK000035

G&C Mutual Bank

DHBNK000052

Credit Union SA Ltd

DHBNK000094

Bank of Sydney Ltd

DHBNK000089

Regional Australia Bank

DHBNK000022

Westpac Banking Corporation

DHBNK000001

First Option Credit Union

DHBNK000040

IMB Ltd (trading as IMB Bank)

DHBNK000045

Central Murray Credit Union Limited

DHBNK000091

Horizon Bank

DHBNK000205

Card Services

DHBNK000003

Commonwealth Bank Australia

Call 13 2339

DHBNK000007

u Bank (formerly 86400)

N/A

N/A

N/A

Hiver Bank

DHBNK000073

Liberty Financial

DH002022

Northern Inland Credit Union Limited

None

DHBNK000206

Great Southern Bank Business+

DHBNK

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