What is Open Banking and why have I been sent a link?
We may ask you to complete Open Banking to help us assess affordability
If you've applied for a loan, we may ask you to complete an Open Banking check as part of your application. We'll send you a link to do it. When you open the link, you'll see oohMoolah at the top of the page. oohMoolah is the secure Open Banking provider we use.
What is Open Banking?
Open Banking gives us read-only access to your recent income and outgoings, so we can check the loan is affordable. It's a quicker way of sharing your bank statements.
It does not let us move money, make payments or change your account details. You choose which bank and which account to connect.
Is the link genuine?
If you've applied for a loan with us, the link is part of your application.
If you weren't expecting it, or you're unsure, don't click the link. Call us on 0131 225 9901 and we'll check it for you.
Can I send bank statements instead?
Yes. If you'd rather not use Open Banking, we can accept PDF copies of your bank statements. Call us on 0131 225 9901 and we'll tell you how many months we need.
What happens next?
Once you complete Open Banking, the information goes securely to our lending team to review with your application.