HSBC FinConnect

What is HSBC FinConnect

Launched as part of the Singapore Open Banking initiative, HSBC FinConnect lets you view your personal financial data, including information from other banks, securely in the HSBC Singapore app.

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

Key features include:

Assets view: view your 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

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

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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 and Digital Government Group (SNDGG) and 7 participating pioneer banks.

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 7 participating banks in a single view.

The 7 participating pioneer banks are HSBC, Citi, DBS / POSB, Maybank, Standard Chartered Bank, OCBC and UOB.

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 internet banking credentials of the accounts you want to link to.

Introducing SGFinDex

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

Guide to setting up HSBC FinConnect

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 bank you would like to share information from. Enter your online banking credentials for the selected bank.

(Repeat for each bank 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.

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 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 Ministry of Manpower’s portal, MyMoneySense.

Your consent is needed for us to provide or retrieve your data to or from other participating banks.

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

Your total net worth is calculated using your total assets minus your total liabilities.

Credit card totals are taken from the preceding month's statement. Current / savings accounts, time deposit, unit trust, CPFIS, SRS and loan account information is based on your totals at the end of the previous month.

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

How to link your accounts and retrieve data

Introducing SGFinDex

Guide to setting up HSBC FinConnect

Get started

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 total net worth calculated?

Disclaimer