Understanding what it means for you
If you’ve heard the term ‘Open Banking’, then you may already have an idea of what the Consumer Data Right (CDR) involves. The CDR regime was first introduced in the banking industry. The CDR is designed to give you greater control of your data to increase competition, and encourage innovation in the Australian economy.
Simply put, the CDR allows you to access, and authorise ANZ Plus to share, selected banking data for specific purposes with accredited organisations.
You can decide when to share your CDR data, what CDR data you share, and with whom.
As required by the Consumer Data Right legislation, we’ve put together this Consumer Data Right (CDR) Policy. This policy explains how we manage your CDR data and describes how you can access and correct your CDR data, or make a complaint, if needed.
To find out more, please read our Consumer Data Right Policy.
Open Banking (also known as data sharing or the Consumer Data Right) was introduced by the Australian Government to give you greater control of your banking data.
ANZ Plus is both a Data Holder and an Accredited Data Recipient (ADR). This means, you can share your ANZ Plus data with other ADRs (third parties accredited by the Australian Government), and share your data from other banks or providers with us.
We will not share your ANZ Plus data or request your data from other banks or providers unless you have consented to share your data with an Accredited Data Recipient or with ANZ Plus by creating a data sharing arrangement.
When you create a data sharing arrangement with an Accredited Data Recipient or with ANZ Plus, your data will only be shared via secure channels.
There are privacy and security standards to protect your data which ANZ Plus and other participating organisations (other data holders and Accredited Data Recipients) need to meet.
For more information about Open Banking and security, please refer to www.cdr.gov.au.
ANZ Plus customers can share their data with Accredited Data Recipients when they meet the customer and account eligibility criteria below.
Customer eligibility
- Customers must meet all customer eligibility criteria below:
- Must be 18 years old or over
- Must own at least one publicly offered banking product which is accessible online
Account eligibility
In order to share data for an account, customers must meet the customer eligibility and the account must meet the eligibility criteria below:
- It must be either an open account, or an account that has been closed within the last 24 months
- It must be an ANZ Plus account
- Sharing permissions must have not been disabled by either account holder (joint accounts only)
You can share your ANZ Plus customer data, account data, and transaction data.
You can only share your ANZ Plus data with Accredited Data Recipients. You can view the list of Accredited Data Recipients at www.cdr.gov.au.
Where you have provided consent to share your data from other banks or providers with ANZ Plus, we will only collect and use your data for the purpose that you have consented to. For more information on collection and use of your data, and how we treat your redundant data, please refer to the ANZ Plus Consumer Data Right Policy.
To find out about how to share your data and manage your data sharing, refer to Open Banking Support.
If you’re a developer, Open Banking allows you to access data about ANZ Plus products currently offered to the market. This uses Application Programming Interfaces (APIs).
Our Product APIs have been developed in accordance with the Consumer Data Standards.
- The request must be a HTTP Get request to the relevant product API endpoint. At a minimum, the mandatory parameters defined in the specifications must be included. URLs and links to specifications are given under each API section below
- These are public APIs and do not require authentication
- The response will be in the format defined by the Consumer Data Standards
Product API: Obtain a list of ANZ Plus products that are currently offered openly to the market. Learn more about the API Specifications for our Product API at the Consumer Data Standards Australia website.
- API URL: https://apix.anz/cds-au/v1/banking/products
Product Details API: Obtain detailed information on a single ANZ Plus account offered openly to the market. Learn more about the API Specifications for our Product Details API at the Consumer Data Standards Australia website.
- API URL: https://cdr.apix.anz/cds-au/v1/banking/products/{productId}
For more details on the Consumer Data Right, please refer to www.cdr.gov.au