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Open Banking (PSD2)

Open Banking (PSD2)

Regulation changes are coming to Open Banking (PSD2) in March 2020

What is Open Banking (PSD2)?

Open Banking (PSD2) is a new secure way for you to share financial information from your bank with companies like Sage. This is designed to give you greater control over your financial data. These changes come into effect on 14 March 2020 and to comply with the new standards, connections between some banks and Sage will change from 5 March 2020.


What does it mean for me?

Open Banking

Open Banking — If you're a customer

If you're a customer and would like to know what impact the Open Banking (PSD2) regulation will have, click below to find out more.
Open Banking

Open Banking — If you're an Accountant

If you're an Accountant and would like to know what impact the Open Banking (PSD2) regulation will have, click on the Help centre button below to find out more.

Check how you’re affected

How you’re affected will depend on the bank you connect with and if their connection is ready for the changes. You can check if your bank is ready using our simple tool.