Barclays enters the UK’s open banking by allowing customers to see their current accounts from other providers on its mobile banking app.
The free feature is being rolled out to who have a personal or business current account with Lloyds, Halifax, Bank of Scotland, RBS, NatWest, Nationwide or Santander, with new banks soon to be added.
Catherine McGrath, MD, retail banking, Barclays, says: “Today, lots of people have current accounts with more than one bank, so keeping track of your finances can be tricky as well as time-consuming. Our new feature is designed to solve this problem, offering a simple and secure way to get a clearer picture of your finances, all in the place six million of our customers already go to do their banking.”
