What is Open Banking?
Open Banking is the secure way to give providers access to your financial information
With the new Open Banking integration on Freetrade, you can now make payments directly from your bank or building society app to your Freetrade account.
How does it work?
Go to your Account tab, and tap on ‘Top up’ > ‘Bank transfer’.
Select your bank from the list, and you’ll be taken to your banking app to complete the funding.
Once you’ve made the deposit, we’ll apply this to your account within 2-4 hours.
We’ll send you a notification when the funds arrive. 💸
When can I use it?
The phased rollout is starting today for Android, and will arrive on iOS shortly.
This Open Banking integration is Freetrade’s first, and is one of many upcoming improvements coming to the funding flow.
Read more on our FAQs here.
This should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Past performance is not a reliable indicator of future results.Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
