Understanding Open Banking
What is Open Banking?
Open Banking is a secure way to connect your bank account to trusted providers. With your permission, GetGround can receive account information directly from your bank.
For landlords, this means property income and expenses can flow automatically into the GetGround platform, even if you use a separate bank account. You won’t need to enter transactions manually, saving time and reducing errors.
Is Open Banking safe?
Yes. Your finances remain private, and no one can access your accounts without your permission.
-
Your bank only shares details if you give consent.
-
You are always in control and can withdraw permission at any time.
-
Data is processed securely, and only the information you’ve agreed to is shared.
GetGround uses Yapily, a regulated Open Banking provider, to manage this process. Both Yapily and GetGround follow strict security regulations designed to keep your data safe.