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Open Banking and Third Party Providers

How do I keep my accounts secure if I choose to use a TPP?

Third party provider services are designed to help you with your finances, but before choosing to use them, make sure that you understand the service and that you are happy with who will be providing it to you.

 

Remember, if you share your online banking security details with a TPP:

 

  1. TPPs will be able to see and access all the accounts that appear in your online banking; not just the ones for which you give consent to the TPP.
  2. We will treat all instructions from the TPP as having been authorised by you, so inform us if you believe your details have been compromised and contact us immediately if you have any concerns.
  3. Tesco Bank has no control over how your data is used by a TPP, which is why you must ensure you only ever deal with authorised TPPs.
  4. TPPs have access to your accounts to act on your behalf. If you wish to stop using a TPP service, you will need to update your security details with us.

 

For further information on how to keep your accounts secure, visit tescobank.com/security