Interbank Account Data Sharing initiative
The Interbank Account Data Sharing ("IADS") is an initiative introduced by the Hong Kong Monetary Authority ("HKMA") under its Open API Phase 3 framework. Once you successfully grant consent, you are allowed to share your bank's deposit account information with your other selected banks securely and efficiently. Such information includes Account Availability, Account Status, Account Balance and Account Transaction.
Here are some frequently asked questions regarding China CITIC Bank International ("CNCBI") as a Data Provider Bank:
Who can use the service provided by CNCBI under IADS scheme?
In order to use this service, you need to:
- Become CNCBI's Personal or Business Banking customer;
- Register for CNCBI's i-banking service; AND
- Hold at least one Current or Savings account
Do I need to pay for the service provided by CNCBI under this initiative?
This service is free of charge from CNCBI currently. It will be updated from time to time, subject to HKMA’s latest guideline or announcement.
How can I grant consent in order to view my CNCBI's deposit account information via other selected participating banks?
You may follow the steps below:
- Initiate to grant a consent from other selected participating banks
- Proceed the consent by logging into CNCBI's i-banking or inMotion and reading the relevant Terms and Conditions
- Select the CNCBI's deposit account(s) for the consent and review the deposit account information shared during the consent period
- Return to the other selected participating banks upon successful consent granted
What kinds of CNCBI's deposit account information will be shared with other selected banks after my consent is granted?
Upon your consent granted, only following Current or Savings account information will be shared with your other selected banks during your consent period:
- Account Availability
- Account Status
- Account Balances
- Account Transactions
Please note that your login credentials will not be shared with your other selected banks.
Which other banks can I grant consent to view my CNCBI’s deposit account information?
As a data provider bank, CNCBI will share your CNCBI’s deposit account information with your other selected banks upon your consent is successfully granted. However, the service depends on which banks intend to connect us. You may check with other banks that you would like to grant consent to if they are data consumer banks of CNCBI providing the service or not.
When I successfully grant consent, how long is the consent period? How long will my CNCBI's deposit account information be shared with other selected banks?
The consent period is one year. CNCBI only shares your selected deposit account information with your other selected banks within the consent period. You can always revoke any existing consent to stop data sharing instantly. It will be updated from time to time, subject to HKMA’s latest guideline or announcement.
How can I read and revoke my existing consent(s) regarding the other selected banks to access my CNCBI's deposit account information?
You can read and revoke your existing consent(s) from your other selected banks or CNCBI.
If you do so from your other selected banks, please check with your other selected banks for further details.
If you do so from CNCBI, you have to login to our Bank's i-banking or inMotion first.
For i-banking, please go to "Customer Services" > Click "Open API Consent Service Revocation".
For inMotion, please go to "Others" > Click "Open API Consent Service Revocation".
How can I change my existing consent(s) regarding the other selected banks to access my CNCBI's deposit account information?
You cannot change any setting of your existing consent(s). However, you can revoke your existing consent first, then grant another new consent with your preferred set up for the other selected banks.
CNCBI has published a list of our partnering third-party service providers (TSPs) on CNCBI Open API Portal. You may refer to the list to find out which TSPs are partnering with CNCBI and what products and services are offered in the partnership with a particular TSP.
You are advised to be aware of any third party service providers’ requests to acquire or collect your personal data, for example, your contact information or other account information. You should always consider the purpose and scope of data collection as well as the associated risks before granting consents to the third party service providers to avoid related risks, such as data leakage or being stolen. 
You are advised to be vigilant to bogus calls or other similar scams. There will be notification to you or the public whenever CNCBI or the partnering TSP becomes aware of such scams. Whenever you are in doubt about a call, an email or other message; you may first authenticate the identity of the callers or senders who purport to be CNCBI’s representatives using CNCBI’s dedicated hotlines which can be found by clicking here or at the HKMA’s website.
