HSBC FinConnect

What is HSBC FinConnect

HSBC FinConnect is enabled by the Singapore Financial Data Exchange (SGFinDex). It lets you view your personal financial data, including information from other banks, SGX CDP and relevant government agencies, securely in the HSBC Singapore app.

With HSBC FinConnect, you can get a clear overview of your money and investments, which makes it easier to map out and work towards your financial goals.

Key features include:

Assets view: Check your linked banks and SGX CDP account balances in one place
Liabilities view: Keep track of your loans, borrowing and credit cards
Automatic calculation of your total net worth
See your Myinfo data including CPF accounts, HDB loans and more
Filter your finances by account type or currency
Portfolio analysis: Understand your portfolio composition by asset class, geographies and sectors
Option for a detailed portfolio analysis from a Wealth Manager or your dedicated Relationship Manager

Get the HSBC Singapore app to start using HSBC FinConnect

Download on the App Store for FinConnect services This link will open in a new window

Get it on Google Play for FinConnect services This link will open in a new window

Reach your financial goals sooner with HSBC FinFit: Power up your financial fitness with holistic financial planning and receive personalised FinFit coaching. Get started on your FinFit journey today and enjoy SGD20 cashback^* as you take the first step with HSBC FinConnect. Learn more.

^*HSBC Plan With Us Promotional terms and conditions apply.

To link your non–HSBC accounts, just log on to the app and authorise with your Singpass.

Learn about SGFinDex

SGFinDex is a joint initiative by the Monetary Authority of Singapore (MAS), the Smart Nation, the Digital Government Group (SNDGG), and financial institutions.

Developed as an industry standard digital infrastructure based on Open Banking standards, SGFinDex enables easier financial planning by allowing you to securely retrieve your personal financial data (with your consent) from participating entities in a single view.

The participating entities include HSBC, Citi, DBS/POSB, Maybank, Standard Chartered Bank, OCBC, UOB and SGX CDP.

Introducing SGFinDex

Download Transcript to see Introducing SGFinDex transcript This link will open in a new window

Guide to setting up HSBC FinConnect

How to link your accounts and retrieve data

If you've never used HSBC FinConnect before, you can view the video or follow the instructions to connect your accounts.

You'll need your Singpass and the online login credentials of the accounts you want to link to.

Step 1: Log on to the HSBC Singapore app and select 'Connect to other banks'.

Select 'Connect to other banks' in the HSBC Singapore app

Step 2: Select 'Link account' and agree to the Terms & Conditions. You will be prompted to enter your Singpass credentials.

Select 'Link account' in the HSBC FinConnect

Step 3: Select 'Connect financial institution' and choose the participating entity you would like to share the information from. Enter your online login credentials for the selected entity.

(Repeat this step for each entity that you wish to link account with)

Select 'Connect financial institution' in SGFinDex

Step 4: View your linked accounts' data by selecting 'Retrieve data' and agreeing to the Terms & Conditions.

Select 'Retrieve data' in the HSBC FinConnect and view your linked account

Step 5: Enter your Singpass credentials again and you'll be directed to SGFinDex. Now tap 'I agree'.

The process of retrieving your data should take less than a minute. Please wait as we load your data from multiple sources into the system. We seek your patience as we bring you a holistic view of your finances.

How is your data kept secure with HSBC

FinConnect - A secure platform for financial planning

Learn about how your financial data is safe with us when you link and retrieve them into the HSBC Singapore app.

Find out more to Debunking myths page

How long does consent last and how to refresh it

Your consent will be valid for one year from the day you first provide consent. You can find out your consent start and end dates on HSBC FinConnect under "Settings" or on the SGFinDex landing page after you log in via Singpass.

Step 1: Select "Link Account"

Step 2: Log in with your Singpass to arrive at SGFinDex home page

Step 3: Click "Disconnect" for all your connected financial institutions

Step 4: After all financial institutions have been disconnected, select "+ Connect financial institution" to re-link your accounts and your consent will be updated

Step 1: Select "Link Account"

Step 2: Log in with your Singpass to arrive at SGFinDex home page

Step 3: Click "Disconnect" for all your connected financial institutions

Step 4: After all financial institutions have been disconnected, select "+ Connect financial institution" to re-link your accounts and your consent will be updated

Step 1: Select "Link Account"

Step 2: Log in with your Singpass to arrive at SGFinDex home page

Step 3: Select "+ Connect financial institution" to re-link your accounts and your consent will be updated

Frequently Asked Questions

Open banking makes use of application programming interface (API) to give customers greater access to their own financial data. With this, you will be able to securely retrieve your personal financial data from multiple data sources and see a comprehensive view of your personal financial position.

The HSBC Singapore app uses HSBC bank level encryption and security to protect you and your data at all times. The sharing of data is through a secure connection. Security measures and industry safeguards will be used to ensure that your data is safe.

Banks are not able to see the log on details of your other banks or your Singpass credentials.

Customers who use Singpass and have accounts with SGX Central Depository (SGX CDP) and any of the 7 participating banks: Citi, DBS / POSB, HSBC, Maybank, OCBC, Standard Chartered Bank and UOB. Customers may also view their data from the participating banks’ platform or from the Ministry of Manpower’s portal, MyMoneySense.

Your consent is needed for us to provide or retrieve your data to or from other participating entities so that you can view your consolidated financial details through the HSBC Singapore app or other banks' application/website.

Data displayed is not updated in real time and typically reflects the preceding month's balances and values.

Your total net worth is the net of your total assets and your total liabilities across your connected financial institutions.

Your assets include current/savings accounts, time/fixed deposit, Unit Trust, SGX CDP, SRS, CPIFS accounts and CPF balances. Your liabilities include credit card balances, secured loan, unsecured loan and HDB loan balances.

See all Frequently Asked Questions about HSBC FinConnect and SGFinDex in pdf. This link will open in a new window

Disclaimer

View Terms & Conditions.

HSBC FinConnect

What is HSBC FinConnect

Key features include:

Get the HSBC Singapore app to start using HSBC FinConnect

HSBC FinConnect

Learn about SGFinDex

Introducing SGFinDex

Guide to setting up HSBC FinConnect

How to link your accounts and retrieve data

Get started in 5 simple steps

How is your data kept secure with HSBC

FinConnect - A secure platform for financial planning

How long does consent last and how to refresh it

If your consent is going to expire soon

If your consent has already expired

Frequently Asked Questions

1. What is open banking?

2. How is my data being protected?

3. Who can use SGFinDex?

4. What is the purpose of consent?

5. Why is my latest data not shown?

6. How is my net worth calculated?

Disclaimer