“My bank advises not to provide internet banking credentials to any third party.
Banks rightly encourage their internet banking customers to be careful to prevent fraud and to protect their passwords from misuse. There is a clear distinction between the misuse of passwords, and using them in a secure environment to allow you to better manage and understand your own money. The transactions are your transactions. The balances are your balances. The data managed by the bank on your behalf is your data. Money Dashboard provides a service designed to empower you to get the most out of your data, by helping you to see the true view of your financial life.
Some banks explicitly acknowledge the benefit of aggregation services, such as ours, in their Terms and Conditions and therefore directly permit aggregation. Others do not, however, this does not necessarily mean they do not want you to aggregate your accounts. Some banks, perhaps understandably, will be reluctant to endorse any external organisation unless they have undertaken rigorous checks on them. Given the international nature of aggregation, this is a near impossible task for banks.
The terms and conditions of my bank state that I should not give my details out to anyone.
Some UK banks have terms which do not make a distinction between aggregation services and misuse by providing your details through non-secure portals or to other people personally.
We are developing relationships within the banking industry to increase transparency and understanding in this area.”
Direct copy and paste from the link aboves FAQs. very wooly way of saying “we know we are on shaky ground right now but are trying to work with the banks”
I wouldnt be giving them my details right now based on giving them an inch to wiggle our of a fraud claim.