[jimmcslim]

I would pay a small amount (maybe $5 AUD per month) for access to an Open Banking API that lets me get the transactions, balances, etc from my accounts. Unfortunately under the current regime for Open Banking in Australia (part of the Consumer Data Right) you need to be an "Accredited Data Receiver" which I completely understand if I am accessing and storing financial data on the behalf of others.

However for my own personal accounts... just let me call the API!

[Jnr]

Nordigen is free for individuals. Not sure if it is supported by banks in Australia though.

[pjc50]

I too would like this for the UK, and I believe the situation is similar. I've just tried Nordigen and it looks like it's the solution! ""Free forever"", as well.

[philipphutterer]

I didn't know about Nordigen, but how are they able to support the absurd amount of 1222 banks in Germany? Looks like a good indicator how broken the digital world of banks here really is.

[Jnr]

In EU all the banks have to support a common standard. They all use that standard to interface.

[philipphutterer]

True, from a technical point of view, this should actually be quite simple. But I'm referring more to the administration overhead caused by the large amount of small banks that are considered their own credit institution. In a lecture, we were once shown a chart comparing the costs of financial operations in the European countries. Germany had by far the highest costs. This mess will not survive the next 10 years.

[avtolik]

Thanks, I haven't heard of Nordigen before, and it seems they have coverage in my country.